Galliford Try (LON:GFRD) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Galliford Try Holdings plc (LON:GFRD)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 528.52 and traded as high as GBX 552. Galliford Try shares last traded at GBX 549.07, with a volume of 88,691 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 650 price target on shares of Galliford Try in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Galliford Try currently has an average rating of “Buy” and an average price target of GBX 600.

Galliford Try Stock Performance

The stock has a fifty day simple moving average of GBX 526.37 and a two-hundred day simple moving average of GBX 528.59. The stock has a market cap of £531.77 million, a price-to-earnings ratio of 15.34, a P/E/G ratio of 0.90 and a beta of 0.46. The company has a debt-to-equity ratio of 43.47, a quick ratio of 0.89 and a current ratio of 0.92.

Insider Buying and Selling at Galliford Try

In other Galliford Try news, insider Kevin Boyd acquired 4,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was acquired at an average cost of GBX 528 per share, for a total transaction of £21,120. 3.30% of the stock is currently owned by corporate insiders.

Galliford Try Company Profile

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.