Keller Group (LON:KLR) Stock Crosses Above 200-Day Moving Average – What’s Next?

Keller Group plc (LON:KLR)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,429.19 ($19.11) and traded as high as GBX 1,540 ($20.59). Keller Group shares last traded at GBX 1,528 ($20.43), with a volume of 97,258 shares traded.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on KLR shares. Deutsche Bank Aktiengesellschaft raised shares of Keller Group to a “buy” rating and set a GBX 1,660 price objective for the company in a research report on Friday, August 29th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 price target on shares of Keller Group in a research report on Tuesday, September 9th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 1,780.

Keller Group Trading Up 1.0%

The stock has a market capitalization of £1.08 billion, a PE ratio of 8.11, a PEG ratio of 2.86 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61. The business’s 50-day moving average is GBX 1,409.54 and its two-hundred day moving average is GBX 1,429.19.

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

Insider Buying and Selling

In other Keller Group news, insider Annette Kelleher acquired 1,921 shares of the company’s stock in a transaction on Tuesday, October 14th. The shares were bought at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Corporate insiders own 3.13% of the company’s stock.

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.