Insider Selling: Morgan Sindall Group plc (LON:MGNS) Insider Sells £660,055.20 in Stock

Morgan Sindall Group plc (LON:MGNS) insider John Christopher Morgan sold 16,968 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of GBX 3,890 ($50.45), for a total value of £660,055.20 ($855,991.70).

Morgan Sindall Group Stock Performance

MGNS opened at GBX 3,755 ($48.70) on Thursday. The firm has a market cap of £1.76 billion, a PE ratio of 1,433.21, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. The business has a fifty day simple moving average of GBX 3,155.29 and a 200-day simple moving average of GBX 2,781.38. Morgan Sindall Group plc has a fifty-two week low of GBX 1,844 ($23.91) and a fifty-two week high of GBX 3,970 ($51.48).

Morgan Sindall Group Cuts Dividend

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

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.