Galliford Try (LON:GFRD) Shares Cross Above 200 Day Moving Average – Time to Sell?

Galliford Try Holdings plc (LON:GFRD)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 491.54 and traded as high as GBX 538. Galliford Try shares last traded at GBX 535, with a volume of 36,759 shares traded.

Analyst Ratings Changes

Several research analysts have commented on GFRD shares. Berenberg Bank reissued a “buy” rating and set a GBX 620 price target on shares of Galliford Try in a research note on Wednesday, January 21st. Peel Hunt reaffirmed a “buy” rating and set a GBX 550 target price on shares of Galliford Try in a report on Thursday, November 13th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 585.

Galliford Try Trading Up 0.4%

The company has a debt-to-equity ratio of 43.30, a quick ratio of 0.89 and a current ratio of 0.92. The firm has a 50-day moving average of GBX 525.79 and a 200-day moving average of GBX 491.54. The firm has a market capitalization of £521.74 million, a P/E ratio of 16.61, a price-to-earnings-growth ratio of 0.90 and a beta of 1.12.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.