Kier Group (LON:KIE) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Kier Group plc (LON:KIE)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 146.83 ($1.82) and traded as high as GBX 155.16 ($1.92). Kier Group shares last traded at GBX 149.40 ($1.85), with a volume of 576,886 shares trading hands.

Wall Street Analysts Forecast Growth

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

Kier Group Stock Down 2.7 %

The firm has a 50-day moving average of GBX 146.16 and a two-hundred day moving average of GBX 146.83. The stock has a market capitalization of £658.45 million, a price-to-earnings ratio of 1,358.18, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.88.

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.