Keller Group (LON:KLR) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Keller Group plc (LON:KLR)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,451.68 ($18.29) and traded as high as GBX 1,496.04 ($18.85). Keller Group shares last traded at GBX 1,468 ($18.50), with a volume of 180,872 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their price objective on shares of Keller Group from GBX 1,500 ($18.90) to GBX 1,750 ($22.05) and gave the company a “buy” rating in a research report on Tuesday, August 6th.

Keller Group Stock Down 0.5 %

The firm has a market cap of £1.06 billion, a price-to-earnings ratio of 863.53, a PEG ratio of 2.86 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.25. The firm has a fifty day moving average price of GBX 1,624.56 and a 200-day moving average price of GBX 1,454.52.

Insiders Place Their Bets

In other news, insider Kerry Porritt bought 138 shares of Keller Group stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average price of GBX 1,637 ($20.63) per share, for a total transaction of £2,259.06 ($2,846.96). Also, insider David Burke sold 19,884 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of GBX 1,613 ($20.33), for a total value of £320,728.92 ($404,195.24). 4.19% of the stock is owned by corporate insiders.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.