Keller Group (LON:KLR) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Keller Group plc (LON:KLR)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,424.36 ($19.15) and traded as high as GBX 1,476 ($19.85). Keller Group shares last traded at GBX 1,462 ($19.66), with a volume of 479,726 shares.

Keller Group Price Performance

The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61. The firm has a market capitalization of £1.07 billion, a PE ratio of 8.46, a PEG ratio of 2.86 and a beta of 1.34. The firm’s fifty day simple moving average is GBX 1,492.99 and its 200-day simple moving average is GBX 1,424.36.

Keller Group declared that its board has authorized a share buyback program on Monday, March 31st that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Keller Group

In other news, insider Kerry Porritt sold 13,756 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of GBX 1,396 ($18.77), for a total value of £192,033.76 ($258,248.74). Insiders own 4.19% 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.