Keller Group (LON:KLR) Stock Passes Above Two Hundred Day Moving Average of $905.03

Keller Group plc (LON:KLR) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 905.03 ($11.37) and traded as high as GBX 1,142 ($14.35). Keller Group shares last traded at GBX 1,142 ($14.35), with a volume of 134,717 shares.

Analysts Set New Price Targets

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

Keller Group Stock Performance

The stock has a market cap of £819.73 million, a P/E ratio of 943.80, a PEG ratio of 2.86 and a beta of 1.18. The company has a current ratio of 1.33, a quick ratio of 1.17 and a debt-to-equity ratio of 75.04. The company’s 50-day simple moving average is GBX 1,035.78 and its 200 day simple moving average is GBX 905.03.

Keller Group Increases Dividend

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

Insider Buying and Selling at Keller Group

In related news, insider Kerry Porritt sold 10,783 shares of the business’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of GBX 1,006 ($12.64), for a total value of £108,476.98 ($136,277.61). Corporate insiders own 4.20% of the company’s stock.

Keller Group Company Profile

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.