Grafton Group (LON:GFTU) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Grafton Group plc (LON:GFTU)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 991.83 ($12.33) and traded as low as GBX 906.60 ($11.27). Grafton Group shares last traded at GBX 918.60 ($11.42), with a volume of 166,191 shares trading hands.

Grafton Group Stock Performance

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. The firm has a market cap of £1.85 billion, a P/E ratio of 1,118.31, a PEG ratio of 1.58 and a beta of 1.60. The stock’s 50 day moving average is GBX 929.04 and its two-hundred day moving average is GBX 991.83.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.