Kier Group plc (LON:KIE) Insider Acquires £9,982.40 in Stock

Kier Group plc (LON:KIE) insider Matthew Lester purchased 7,340 shares of the firm’s stock in a transaction dated Friday, June 28th. The stock was bought at an average cost of GBX 136 ($1.73) per share, for a total transaction of £9,982.40 ($12,663.20).

Kier Group Price Performance

Shares of LON:KIE opened at GBX 132.40 ($1.68) on Friday. The company has a debt-to-equity ratio of 94.84, a current ratio of 0.80 and a quick ratio of 0.69. Kier Group plc has a one year low of GBX 72.20 ($0.92) and a one year high of GBX 153.40 ($1.95). The company’s fifty day moving average price is GBX 140.51 and its 200-day moving average price is GBX 129.93. The firm has a market capitalization of £597.89 million, a price-to-earnings ratio of 1,471.11, a PEG ratio of 0.29 and a beta of 0.80.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 210 ($2.66) price target on shares of Kier Group in a report on Wednesday, May 15th.

About Kier Group

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.