Morgan Sindall Group (LON:MGNS) Sets New 12-Month High at $3,120.50

Morgan Sindall Group plc (LON:MGNS)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 3,120.50 ($41.74) and last traded at GBX 3,100 ($41.47), with a volume of 172313 shares. The stock had previously closed at GBX 3,080 ($41.20).

Morgan Sindall Group Stock Up 0.3 %

The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. The stock has a market capitalization of £1.45 billion, a PE ratio of 1,183.21, a PEG ratio of -68.20 and a beta of 1.31. The firm’s fifty day moving average is GBX 2,934.90 and its 200-day moving average is GBX 2,621.25.

Morgan Sindall Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd will be issued a GBX 41.50 ($0.56) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 1.5%. Morgan Sindall Group’s dividend payout ratio is currently 4,580.15%.

Insider Buying and Selling

In other Morgan Sindall Group news, insider Kelly Gangotra bought 975 shares of Morgan Sindall Group stock in a transaction on Friday, September 27th. The stock was bought at an average price of GBX 3,030 ($40.53) per share, with a total value of £29,542.50 ($39,516.45). 11.05% of the stock is currently owned by corporate insiders.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.