Grainger (LON:GRI) Hits New 12-Month Low – Should You Sell?

Grainger plc (LON:GRIGet Free Report) shares reached a new 52-week low on Thursday . The company traded as low as GBX 224.85 ($2.92) and last traded at GBX 227 ($2.94), with a volume of 1113499 shares traded. The stock had previously closed at GBX 231.50 ($3.00).

Grainger Trading Down 1.9 %

The firm has a market capitalization of £1.68 billion, a P/E ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The stock’s 50-day simple moving average is GBX 240.29 and its two-hundred day simple moving average is GBX 244.78. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87.

About Grainger

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Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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