Galliford Try (LON:GFRD) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Galliford Try Holdings plc (LON:GFRD)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 294.19 ($3.79) and traded as high as GBX 387 ($4.98). Galliford Try shares last traded at GBX 376 ($4.84), with a volume of 128,443 shares changing hands.

Galliford Try Price Performance

The firm has a fifty day moving average of GBX 333.68 and a 200 day moving average of GBX 294.19. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.30. The company has a market capitalization of £377.75 million, a P/E ratio of 1,074.29, a P/E/G ratio of 0.90 and a beta of 1.12.

Galliford Try Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 7th will be issued a dividend of GBX 11.50 ($0.15) per share. This represents a dividend yield of 3.83%. This is a boost from Galliford Try’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, November 7th. Galliford Try’s dividend payout ratio is presently 4,571.43%.

Insider Buying and Selling

In other news, insider Bill Hocking sold 159,626 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of GBX 327 ($4.21), for a total value of £521,977.02 ($671,698.65). 7.70% of the stock is currently owned by corporate insiders.

Galliford Try Company Profile

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.