Keller Group (LON:KLR) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Keller Group plc (LON:KLR)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,442.17 and traded as high as GBX 1,622. Keller Group shares last traded at GBX 1,598, with a volume of 25,792 shares trading hands.

Analysts Set New Price Targets

KLR has been the topic of several research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Keller Group to a “buy” rating and set a GBX 1,660 price objective on the stock in a report on Friday, August 29th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,900 price objective on shares of Keller Group in a report on Tuesday, September 9th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 1,780.

Keller Group Stock Performance

The stock’s 50-day moving average price is GBX 1,441.42 and its 200-day moving average price is GBX 1,442.17. The company has a market cap of £1.11 billion, a P/E ratio of 8.31, a PEG ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17.

Keller Group (LON:KLR) last announced its earnings results on Tuesday, August 5th. The company reported GBX 99.70 earnings per share (EPS) for the quarter. Keller Group had a net margin of 4.20% and a return on equity of 23.55%. Equities analysts anticipate that Keller Group plc will post 192.5925926 EPS for the current year.

Insiders Place Their Bets

In other news, insider Annette Kelleher acquired 1,921 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The stock was acquired at an average price of GBX 1,554 per share, with a total value of £29,852.34. 3.13% of the stock is owned by corporate insiders.

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.