Morgan Sindall Group plc (LON:MGNS) Insider Acquires £24,375 in Stock

Morgan Sindall Group plc (LON:MGNS) insider Sharon Fennessy bought 650 shares of Morgan Sindall Group stock in a transaction dated Tuesday, October 29th. The stock was acquired at an average cost of GBX 3,750 ($48.63) per share, for a total transaction of £24,375 ($31,610.69).

Morgan Sindall Group Trading Down 0.1 %

Shares of LON MGNS traded down GBX 5 ($0.06) during mid-day trading on Wednesday, hitting GBX 3,765 ($48.83). The company’s stock had a trading volume of 81,987 shares, compared to its average volume of 106,066. The stock has a market cap of £1.76 billion, a price-to-earnings ratio of 1,440.84, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. Morgan Sindall Group plc has a one year low of GBX 1,844 ($23.91) and a one year high of GBX 3,970 ($51.48). The company’s fifty day simple moving average is GBX 3,140.39 and its 200-day simple moving average is GBX 2,770.97.

Morgan Sindall Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd were paid a GBX 41.50 ($0.54) dividend. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend was Thursday, October 3rd. Morgan Sindall Group’s dividend payout ratio (DPR) is presently 4,580.15%.

Morgan Sindall Group Company Profile

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.