Morgan Sindall Group (LON:MGNS) Hits New 52-Week High at $2,630.00

Shares of Morgan Sindall Group plc (LON:MGNS) reached a new 52-week high on Wednesday . The stock traded as high as GBX 2,630 ($33.42) and last traded at GBX 2,630 ($33.42), with a volume of 130676 shares. The stock had previously closed at GBX 2,570 ($32.66).

Analyst Ratings Changes

Separately, Numis Securities boosted their target price on Morgan Sindall Group from GBX 2,500 ($31.77) to GBX 3,000 ($38.12) and gave the company a “buy” rating in a research note on Thursday, April 11th.

Morgan Sindall Group Stock Down 0.3 %

The company has a debt-to-equity ratio of 25.42, a quick ratio of 0.87 and a current ratio of 1.19. The firm’s fifty day simple moving average is GBX 2,412 and its 200 day simple moving average is GBX 2,291.45. The stock has a market capitalization of £1.21 billion, a price-to-earnings ratio of 1,029.88, a P/E/G ratio of -68.20 and a beta of 1.23.

About Morgan Sindall Group

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.