Galliford Try (LON:GFRD) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Galliford Try Holdings plc (LON:GFRD)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 298.02 ($3.77) and traded as high as GBX 385 ($4.87). Galliford Try shares last traded at GBX 374 ($4.73), with a volume of 174,926 shares changing hands.

Galliford Try Price Performance

The business’s 50 day moving average price is GBX 340.74 and its 200-day moving average price is GBX 298.02. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 43.30. The company has a market cap of £374.75 million, a PE ratio of 1,068.57, a price-to-earnings-growth 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. Investors of record on Thursday, November 7th will be paid a dividend of GBX 11.50 ($0.15) per share. This is an increase from Galliford Try’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, November 7th. This represents a yield of 3.83%. Galliford Try’s payout ratio is 4,571.43%.

Insider Buying and Selling at Galliford Try

In other Galliford Try news, insider Bill Hocking sold 159,626 shares of the company’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of GBX 327 ($4.14), for a total value of £521,977.02 ($660,479.59). 7.70% of the stock is currently owned by corporate insiders.

About Galliford Try

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.