Morgan Sindall Group (LON:MGNS) Stock Price Crosses Above Two Hundred Day Moving Average of $2,116.45

Morgan Sindall Group plc (LON:MGNSGet Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,116.45 ($26.94) and traded as high as GBX 2,345 ($29.85). Morgan Sindall Group shares last traded at GBX 2,345 ($29.85), with a volume of 157,589 shares trading hands.

Morgan Sindall Group Trading Up 2.9 %

The firm has a market capitalization of £1.11 billion, a PE ratio of 938.00, a P/E/G ratio of -68.20 and a beta of 1.24. The company has a debt-to-equity ratio of 25.42, a quick ratio of 0.87 and a current ratio of 1.19. The firm has a fifty day moving average of GBX 2,252.92 and a 200 day moving average of GBX 2,116.45.

Morgan Sindall Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 16th. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 78 ($0.99) per share. The ex-dividend date is Thursday, April 25th. This represents a yield of 3.52%. This is an increase from Morgan Sindall Group’s previous dividend of $36.00. Morgan Sindall Group’s payout ratio is presently 4,560.00%.

Insider Transactions at Morgan Sindall Group

In other news, insider Steve Crummett sold 27,541 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of GBX 2,283 ($29.06), for a total value of £628,761.03 ($800,459.62). Company insiders own 11.84% of the company’s stock.

About Morgan Sindall Group

(Get Free Report)

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through five segments: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration divisions. The Construction & Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets; and construction services in education, healthcare, commercial, defense, industrial, leisure, and retail markets.

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