Insider Buying: Morgan Sindall Group plc (LON:MGNS) Insider Buys 975 Shares of Stock

Morgan Sindall Group plc (LON:MGNS) insider Kelly Gangotra bought 975 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of GBX 3,030 ($40.57) per share, with a total value of £29,542.50 ($39,558.78).

Morgan Sindall Group Stock Up 1.5 %

LON:MGNS traded up GBX 45 ($0.60) on Friday, hitting GBX 3,080 ($41.24). The stock had a trading volume of 67,485 shares, compared to its average volume of 94,108. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. Morgan Sindall Group plc has a 52 week low of GBX 1,768 ($23.67) and a 52 week high of GBX 3,080 ($41.24). The business’s fifty day moving average is GBX 2,913.80 and its 200 day moving average is GBX 2,605.03. The company has a market cap of £1.44 billion, a PE ratio of 1,154.00, a P/E/G ratio of -68.20 and a beta of 1.31.

Morgan Sindall Group Cuts Dividend

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

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.