Kier Group (LON:KIE) Stock Price Crosses Above Two Hundred Day Moving Average of $92.52

Kier Group plc (LON:KIE) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $92.52 and traded as high as $95.15. Kier Group shares last traded at $90.05, with a volume of 357,492 shares trading hands.

Several research firms have recently commented on KIE. Peel Hunt reissued a “buy” rating on shares of Kier Group in a report on Wednesday, April 29th. Liberum Capital reissued a “buy” rating on shares of Kier Group in a report on Friday, June 5th. Finally, Jefferies Financial Group raised their price objective on Kier Group from GBX 90 ($1.11) to GBX 110 ($1.35) and gave the company a “hold” rating in a research note on Wednesday, March 11th.

The stock has a market capitalization of $145.82 million and a PE ratio of -0.54. The firm has a 50 day moving average of GBX 86.13 and a two-hundred day moving average of GBX 92.52. The company has a current ratio of 1.05, a quick ratio of 0.83 and a debt-to-equity ratio of 214.39.

About Kier Group (LON:KIE)

Kier Group plc primarily engages in construction business in the United Kingdom, the Americas, the Middle East, the Far East, and Australia. The company operates in four divisions: Property, Residential, Construction, and Services. It offers construction services, including civil engineering, construction management, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.

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