Keller Group (LON:KLR) Shares Cross Above 200 Day Moving Average – Should You Sell?

Keller Group plc (LON:KLR) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,451.68 ($18.29) and traded as high as GBX 1,496.04 ($18.85). Keller Group shares last traded at GBX 1,468 ($18.50), with a volume of 180,872 shares changing hands.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price objective on Keller Group from GBX 1,500 ($18.90) to GBX 1,750 ($22.05) and gave the stock a “buy” rating in a research note on Tuesday, August 6th.

Keller Group Price Performance

The stock has a 50 day moving average of GBX 1,627.96 and a two-hundred day moving average of GBX 1,451.68. The company has a debt-to-equity ratio of 71.25, a quick ratio of 1.17 and a current ratio of 1.36. The stock has a market cap of £1.06 billion, a PE ratio of 863.53, a PEG ratio of 2.86 and a beta of 1.34.

Insiders Place Their Bets

In other news, insider David Burke sold 19,884 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of GBX 1,613 ($20.33), for a total value of £320,728.92 ($404,195.24). Also, insider Kerry Porritt bought 138 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was acquired at an average cost of GBX 1,637 ($20.63) per share, with a total value of £2,259.06 ($2,846.96). Corporate insiders own 4.19% of the company’s stock.

Keller Group Company Profile

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.