Morgan Sindall Group (LON:MGNS) Hits New 1-Year High – What’s Next?

Morgan Sindall Group plc (LON:MGNS)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 3,395 ($44.08) and last traded at GBX 3,330 ($43.24), with a volume of 8952 shares trading hands. The stock had previously closed at GBX 3,320 ($43.11).

Morgan Sindall Group Price Performance

The company has a market capitalization of £1.83 billion, a price-to-earnings ratio of 1,488.61, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The business has a 50 day moving average price of GBX 3,035.13 and a 200-day moving average price of GBX 2,705.04.

Morgan Sindall Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 3rd will be paid a GBX 41.50 ($0.54) dividend. This represents a dividend yield of 1.5%. The ex-dividend date is Thursday, October 3rd. Morgan Sindall Group’s dividend payout ratio is 4,580.15%.

Insider Activity

In other Morgan Sindall Group news, insider Kelly Gangotra acquired 975 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of GBX 3,030 ($39.34) per share, with a total value of £29,542.50 ($38,356.92). 11.05% of the stock is owned by company insiders.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.