Keller Group (LON:KLR) Reaches New 52-Week High at $1,126.00

Keller Group plc (LON:KLR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1,126 ($14.14) and last traded at GBX 1,098 ($13.79), with a volume of 10333 shares changing hands. The stock had previously closed at GBX 1,094 ($13.74).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,300 ($16.33) price target on shares of Keller Group in a report on Wednesday, April 10th.

Keller Group Stock Performance

The firm has a fifty day moving average of GBX 1,002.25 and a 200-day moving average of GBX 886.45. The firm has a market cap of £804.04 million, a P/E ratio of 904.13, a PEG ratio of 2.86 and a beta of 1.18. The company has a quick ratio of 1.17, a current ratio of 1.33 and a debt-to-equity ratio of 75.04.

Keller Group Increases Dividend

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

Insider Buying and Selling at Keller Group

In other Keller Group news, insider Kerry Porritt sold 10,783 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 1,006 ($12.64), for a total value of £108,476.98 ($136,260.49). Insiders own 4.25% of the company’s stock.

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.