Keller Group (LON:KLR) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Keller Group plc (LON:KLR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,451.68 ($18.29) and traded as high as GBX 1,496.04 ($18.85). Keller Group shares last traded at GBX 1,468 ($18.50), with a volume of 180,872 shares traded.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on Keller Group from GBX 1,500 ($18.90) to GBX 1,750 ($22.05) and gave the company a “buy” rating in a report on Tuesday, August 6th.

Keller Group Stock Performance

The stock’s 50 day moving average price is GBX 1,624.56 and its two-hundred day moving average price is GBX 1,454.52. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.25. The firm has a market capitalization of £1.06 billion, a price-to-earnings ratio of 863.53, a PEG ratio of 2.86 and a beta of 1.34.

Insider Buying and Selling

In related news, insider David Burke sold 19,884 shares of Keller Group stock in a transaction on Thursday, September 12th. The stock was sold at an average price of GBX 1,613 ($20.33), for a total transaction of £320,728.92 ($404,195.24). Also, insider Kerry Porritt bought 138 shares of the stock in a transaction on Tuesday, September 17th. The stock was purchased at an average cost of GBX 1,637 ($20.63) per share, for a total transaction of £2,259.06 ($2,846.96). 4.19% of the stock is owned by insiders.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.