Morgan Sindall Group (LON:MGNS) Stock Crosses Above 200-Day Moving Average of $2,529.65

Morgan Sindall Group plc (LON:MGNS)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,529.65 ($33.26) and traded as high as GBX 2,950 ($38.79). Morgan Sindall Group shares last traded at GBX 2,930 ($38.53), with a volume of 47,997 shares traded.

Morgan Sindall Group Price Performance

The company’s fifty day moving average price is GBX 2,822.39 and its 200 day moving average price is GBX 2,537.53. The company has a market capitalization of £1.38 billion, a P/E ratio of 1,124.05, a PEG ratio of -68.20 and a beta of 1.31. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51.

Morgan Sindall Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 3rd will be given a dividend of GBX 41.50 ($0.55) per share. This represents a yield of 1.5%. The ex-dividend date is Thursday, October 3rd. Morgan Sindall Group’s dividend payout ratio is currently 4,580.15%.

About Morgan Sindall Group

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.