Kier Group (LON:KIE) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Kier Group plc (LON:KIE) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.01 ($1.83) and traded as high as GBX 149.80 ($1.86). Kier Group shares last traded at GBX 149.80 ($1.86), with a volume of 1,072,243 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 210 ($2.61) price objective on shares of Kier Group in a report on Thursday, January 23rd.

Kier Group Stock Performance

The company has a fifty day moving average price of GBX 145.77 and a two-hundred day moving average price of GBX 147.01. The company has a debt-to-equity ratio of 302.88, a current ratio of 0.88 and a quick ratio of 0.69. The company has a market capitalization of £660.21 million, a P/E ratio of 1,361.82, a PEG ratio of 0.29 and a beta of 1.14.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.