Mirvac Group (ASX:MGR) Shares Cross Above 200 Day Moving Average of $2.95

Mirvac Group (ASX:MGR) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.95 and traded as high as $3.09. Mirvac Group shares last traded at $3.09, with a volume of 16,716,470 shares changing hands.

The company has a current ratio of 1.16, a quick ratio of 0.31 and a debt-to-equity ratio of 35.96. The firm has a market capitalization of $12.16 billion and a price-to-earnings ratio of 11.20. The company has a 50-day moving average of A$3.23 and a 200-day moving average of A$2.95.

In other news, insider Susan Lloyd-Hurwitz 1,243,093 shares of the stock in a transaction dated Thursday, August 8th.

Mirvac Group Company Profile (ASX:MGR)

Mirvac is a leading, diversified Australian property group, with an integrated development and asset management capability. We have 45 years of experience in the property industry and an unmatched reputation for delivering superior products and services across our businesses. Principally located in Australia's four key cities of Sydney, Melbourne, Brisbane and Perth, Mirvac owns and manages assets across the office, retail and industrial sectors, with over $17 billion of assets currently under management.

Further Reading: Equal Weight Rating

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