Morgan Sindall Group plc (LON:MGNS) Insider Sharon Fennessy Purchases 650 Shares

Morgan Sindall Group plc (LON:MGNS) insider Sharon Fennessy bought 650 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The shares were purchased at an average price of GBX 3,750 ($48.63) per share, with a total value of £24,375 ($31,610.69).

Morgan Sindall Group Price Performance

Shares of Morgan Sindall Group stock traded down GBX 5 ($0.06) during mid-day trading on Wednesday, reaching GBX 3,765 ($48.83). 81,987 shares of the stock were exchanged, compared to its average volume of 106,066. The company has a market cap of £1.76 billion, a price-to-earnings ratio of 1,440.84, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 18.51. The firm has a 50-day simple moving average of GBX 3,140.39 and a 200 day simple moving average of GBX 2,770.97. Morgan Sindall Group plc has a fifty-two week low of GBX 1,844 ($23.91) and a fifty-two week high of GBX 3,970 ($51.48).

Morgan Sindall Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd were issued a dividend of GBX 41.50 ($0.54) per share. This represents a yield of 1.5%. The ex-dividend date of this dividend was 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.