Grainger (LON:GRI) Share Price Crosses Above 200 Day Moving Average of $256.20

Grainger plc (LON:GRIGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 256.20 ($3.22) and traded as high as GBX 261 ($3.28). Grainger shares last traded at GBX 261 ($3.28), with a volume of 415,264 shares trading hands.

Grainger Stock Performance

The stock has a market capitalization of £1.93 billion, a price-to-earnings ratio of 8,700.00, a PEG ratio of 1.51 and a beta of 0.68. The stock’s 50 day moving average is GBX 256.95 and its 200 day moving average is GBX 256.20. The company has a current ratio of 4.56, a quick ratio of 0.87 and a debt-to-equity ratio of 79.88.

Insiders Place Their Bets

In other news, insider Robert Hudson purchased 118 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were bought at an average cost of GBX 253 ($3.18) per share, with a total value of £298.54 ($375.00). 2.04% of the stock is owned by corporate insiders.

Grainger Company Profile

(Get Free Report)

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

Featured Stories

Receive News & Ratings for Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grainger and related companies with MarketBeat.com's FREE daily email newsletter.