Kier Group (LON:KIE) Trading Down 11.9% – Should You Sell?

Kier Group plc (LON:KIE) dropped 11.9% on Tuesday . The stock traded as low as GBX 121.20 ($1.56) and last traded at GBX 123.36 ($1.59). Approximately 6,696,175 shares changed hands during trading, an increase of 91% from the average daily volume of 3,509,303 shares. The stock had previously closed at GBX 140 ($1.80).

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 210 ($2.70) price target on shares of Kier Group in a report on Thursday, January 23rd.

Kier Group Trading Down 10.2 %

The company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88. The firm has a market cap of £541.24 million, a P/E ratio of 12.66, a P/E/G ratio of 0.29 and a beta of 1.14. The firm has a fifty day moving average of GBX 146.40 and a 200-day moving average of GBX 146.16.

Kier Group (LON:KIE) last issued its quarterly earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.11) earnings per share (EPS) for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. Equities research analysts forecast that Kier Group plc will post 20.4913295 earnings per share for the current year.

About Kier Group

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.