Henry Boot (LON:BOOT) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Henry Boot PLC (LON:BOOT) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 209.54 ($2.71) and traded as low as GBX 196.50 ($2.54). Henry Boot shares last traded at GBX 201 ($2.60), with a volume of 238,353 shares trading hands.

Henry Boot Trading Up 0.5 %

The company has a quick ratio of 0.84, a current ratio of 2.14 and a debt-to-equity ratio of 29.17. The firm’s 50-day simple moving average is GBX 208.96 and its 200 day simple moving average is GBX 220.42. The stock has a market capitalization of £270.09 million, a P/E ratio of 23.91, a PEG ratio of -11.97 and a beta of 0.80.

Insiders Place Their Bets

In other news, insider Peter Mawson sold 13,200 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of GBX 231 ($2.98), for a total transaction of £30,492 ($39,400.44). Also, insider Jonathan James Sykes sold 4,818 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of GBX 205 ($2.65), for a total value of £9,876.90 ($12,762.50). Over the last three months, insiders have sold 168,018 shares of company stock worth $34,036,890. 69.46% of the stock is owned by corporate insiders.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.