Galliford Try (LON:GFRD) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Galliford Try Holdings plc (LON:GFRD) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 491.54 and traded as high as GBX 538. Galliford Try shares last traded at GBX 535, with a volume of 36,759 shares.

Analyst Ratings Changes

GFRD has been the subject of a number of recent analyst reports. Peel Hunt restated a “buy” rating and set a GBX 550 price target on shares of Galliford Try in a research report on Thursday, November 13th. Berenberg Bank restated a “buy” rating and set a GBX 620 target price on shares of Galliford Try in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Galliford Try presently has a consensus rating of “Buy” and a consensus price target of GBX 585.

Galliford Try Stock Performance

The company has a debt-to-equity ratio of 43.30, a quick ratio of 0.89 and a current ratio of 0.92. The stock has a market cap of £521.74 million, a PE ratio of 16.61, a PEG ratio of 0.90 and a beta of 1.12. The company’s 50-day moving average price is GBX 525.79 and its two-hundred day moving average price is GBX 491.54.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.