Shares of Kingspan Group plc (LON:KGP – Get Rating) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 74.06 ($0.89) and traded as low as GBX 56.22 ($0.68). Kingspan Group shares last traded at GBX 56.64 ($0.68), with a volume of 5,285 shares trading hands.
Wall Street Analyst Weigh In
Separately, Shore Capital restated a “buy” rating on shares of Kingspan Group in a research note on Friday, August 19th.
Kingspan Group Stock Performance
The company has a current ratio of 1.56, a quick ratio of 0.94 and a debt-to-equity ratio of 53.90. The business’s 50 day moving average is GBX 59.04 and its two-hundred day moving average is GBX 74.06. The company has a market cap of £102.90 million and a PE ratio of 16.91.
Kingspan Group Cuts Dividend
About Kingspan Group
Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in the Republic of Ireland, the United Kingdom, rest of Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Light & Air, Water & Energy, and Data & Flooring.
- Forget Bitcoin, Block’s Ecosystems are the Real Growth Drivers
- What Does an Inverted Yield Curve Mean For You?
- SPY vs. QQQ: Which ETF Wins in 2022?
- Could Snap Stock Rebound As Management Restructures?
- MarketBeat: Week in Review 8/29 – 9/2
Receive News & Ratings for Kingspan Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingspan Group and related companies with MarketBeat.com's FREE daily email newsletter.