Keller Group (LON:KLR) Share Price Passes Above 200 Day Moving Average of $873.67

Shares of Keller Group plc (LON:KLR) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 873.67 ($10.79) and traded as high as GBX 1,056 ($13.04). Keller Group shares last traded at GBX 1,052 ($12.99), with a volume of 243,610 shares changing hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,300 ($16.06) target price on shares of Keller Group in a report on Wednesday, April 10th.

Keller Group Stock Performance

The business has a fifty day simple moving average of GBX 979.15 and a two-hundred day simple moving average of GBX 873.67. The company has a quick ratio of 1.17, a current ratio of 1.33 and a debt-to-equity ratio of 75.04. The company has a market cap of £761.40 million, a P/E ratio of 869.42, a P/E/G ratio of 2.86 and a beta of 1.18.

Keller Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be issued a GBX 31.30 ($0.39) dividend. This is an increase from Keller Group’s previous dividend of $13.90. The ex-dividend date of this dividend is Thursday, May 30th. This represents a yield of 3.58%. Keller Group’s dividend payout ratio is currently 3,719.01%.

Insider Buying and Selling at Keller Group

In other Keller Group news, insider Kerry Porritt sold 10,783 shares of the company’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 1,006 ($12.43), for a total value of £108,476.98 ($133,988.36). 4.25% 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.