Keller Group (LON:KLR) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Keller Group plc (LON:KLR) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,465.97 and traded as high as GBX 1,656. Keller Group shares last traded at GBX 1,644, with a volume of 153,116 shares changing hands.

Analyst Upgrades and Downgrades

KLR has been the topic of several analyst reports. Peel Hunt reiterated a “buy” rating and set a GBX 2,250 target price on shares of Keller Group in a report on Thursday, November 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,900 price target on shares of Keller Group in a research report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft raised Keller Group to a “buy” rating and set a GBX 1,660 price objective for the company in a report on Friday, August 29th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 1,936.67.

Keller Group Trading Up 0.1%

The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17. The business has a 50-day simple moving average of GBX 1,574.13 and a two-hundred day simple moving average of GBX 1,465.97. The stock has a market cap of £1.14 billion, a price-to-earnings ratio of 8.63, a P/E/G ratio of 2.86 and a beta of 1.34.

Insiders Place Their Bets

In other news, insider Annette Kelleher acquired 1,921 shares of the stock in a transaction that occurred on Tuesday, October 14th. The shares were acquired at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Company insiders own 3.16% 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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.