Grafton Group (LON:GFTU) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Grafton Group plc (LON:GFTU) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 996.14 ($12.28) and traded as low as GBX 868.70 ($10.71). Grafton Group shares last traded at GBX 904.20 ($11.15), with a volume of 102,142 shares traded.

Grafton Group Stock Up 0.5 %

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. The stock has a market capitalization of £1.80 billion, a P/E ratio of 1,089.40, a PEG ratio of 1.58 and a beta of 1.60. The stock’s fifty day moving average is GBX 939.20 and its two-hundred day moving average is GBX 996.14.

Insider Activity

In related news, insider David Arnold sold 30,000 shares of Grafton Group stock in a transaction dated Monday, November 4th. The stock was sold at an average price of GBX 1,018 ($12.55), for a total value of £305,400 ($376,525.71). Insiders own 11.45% of the company’s stock.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.