Keller Group (LON:KLR) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Keller Group plc (LON:KLR) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,455.78 and traded as high as GBX 1,556. Keller Group shares last traded at GBX 1,530, with a volume of 117,419 shares changing hands.

Wall Street Analysts Forecast Growth

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

Keller Group Trading Up 0.1%

The stock has a market cap of £1.07 billion, a P/E ratio of 8.05, a price-to-earnings-growth ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a quick ratio of 1.17 and a current ratio of 1.36. The firm’s fifty day simple moving average is GBX 1,508.33 and its 200-day simple moving average is GBX 1,455.78.

Insiders Place Their Bets

In other news, insider Annette Kelleher bought 1,921 shares of the stock in a transaction that occurred on Tuesday, October 14th. The stock was acquired at an average price of GBX 1,554 per share, with a total value of £29,852.34. 3.15% of the stock is owned by corporate insiders.

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.