Galliford Try (LON:GFRD) Shares Cross Above 200-Day Moving Average – Should You Sell?

Galliford Try Holdings plc (LON:GFRD)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 504.13 and traded as high as GBX 554. Galliford Try shares last traded at GBX 550.25, with a volume of 213,289 shares traded.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 620 target price on shares of Galliford Try in a report on Wednesday, January 21st. Peel Hunt reaffirmed a “buy” rating and set a GBX 550 price objective on shares of Galliford Try in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 585.

Galliford Try Stock Up 0.8%

The firm’s 50 day simple moving average is GBX 537.50 and its 200-day simple moving average is GBX 504.62. The company has a market cap of £536.61 million, a price-to-earnings ratio of 17.09, a P/E/G ratio of 0.90 and a beta of 1.12. The company has a debt-to-equity ratio of 43.30, a current ratio of 0.92 and a quick ratio of 0.89.

About Galliford Try

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.