Morgan Sindall Group (LON:MGNS) Sets New 12-Month High – Still a Buy?

Morgan Sindall Group plc (LON:MGNS) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 5,050 and last traded at GBX 5,045.67, with a volume of 23351 shares trading hands. The stock had previously closed at GBX 4,930.

Morgan Sindall Group Trading Up 1.6%

The company has a market cap of £2.38 billion, a price-to-earnings ratio of 16.28, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company’s 50 day moving average price is GBX 4,797 and its 200 day moving average price is GBX 4,600.15. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18.

Insiders Place Their Bets

In related news, insider Mark Robson bought 116 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of GBX 4,451 per share, for a total transaction of £5,163.16. 13.99% of the stock is currently owned by company insiders.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.