Keller Group (LON:KLR) Shares Pass Above 200 Day Moving Average – Time to Sell?

Keller Group plc (LON:KLR) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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.

Analyst Ratings Changes

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

Keller Group Stock Down 0.7%

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 company has a market cap of £1.06 billion, a P/E ratio of 7.98, a P/E/G ratio of 2.86 and a beta of 1.34. The stock has a 50 day moving average price of GBX 1,511.41 and a 200 day moving average price of GBX 1,456.04.

Insider Buying and Selling

In other Keller Group news, insider Annette Kelleher purchased 1,921 shares of the business’s stock in a transaction on Tuesday, October 14th. The stock was bought at an average cost of GBX 1,554 per share, with a total value of £29,852.34. Company insiders own 3.15% 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.