Keller Group (LON:KLR) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Keller Group plc (LON:KLR) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,312.53 and traded as high as GBX 3,104. Keller Group shares last traded at GBX 3,084.97, with a volume of 173,795 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on KLR shares. Berenberg Bank upgraded Keller Group to a “buy” rating and upped their price target for the stock from GBX 2,550 to GBX 3,150 in a research note on Tuesday, July 7th. Royal Bank Of Canada lifted their price objective on shares of Keller Group from GBX 2,050 to GBX 2,270 and gave the company a “sector perform” rating in a research report on Tuesday, April 14th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,467.50.

Keller Group Price Performance

The company has a debt-to-equity ratio of 48.39, a quick ratio of 1.17 and a current ratio of 1.44. The company has a 50-day simple moving average of GBX 2,819.69 and a 200-day simple moving average of GBX 2,312.53. The company has a market cap of £2.10 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 2.86 and a beta of 1.03.

About Keller Group

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.