Mears Group plc (LON:MER – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 367.87 ($4.77) and traded as high as GBX 381 ($4.94). Mears Group shares last traded at GBX 379 ($4.91), with a volume of 389,027 shares trading hands.
Mears Group Price Performance
The company has a market capitalization of £332.04 million, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26. The company has a quick ratio of 0.92, a current ratio of 0.87 and a debt-to-equity ratio of 139.90. The company has a 50 day simple moving average of GBX 362.66 and a 200 day simple moving average of GBX 367.87.
About Mears Group
Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.
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