Barratt Developments (LON:BDEV) Shares Cross Below 200 Day Moving Average of $501.76

Barratt Developments plc (LON:BDEVGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 501.76 ($6.39) and traded as low as GBX 493.40 ($6.28). Barratt Developments shares last traded at GBX 501.80 ($6.39), with a volume of 3,435,016 shares trading hands.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Barratt Developments in a research note on Friday, May 3rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 509.29 ($6.49).

Get Our Latest Analysis on BDEV

Barratt Developments Stock Performance

The stock has a market cap of £4.89 billion, a PE ratio of 2,280.91, a P/E/G ratio of -1.65 and a beta of 1.56. The company has a fifty day moving average price of GBX 480.76 and a 200 day moving average price of GBX 501.76. The company has a quick ratio of 0.93, a current ratio of 4.92 and a debt-to-equity ratio of 4.52.

Barratt Developments Company Profile

(Get Free Report)

Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.

Further Reading

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