Keller Group (LON:KLR) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Keller Group plc (LON:KLR) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,455.78 and traded as high as GBX 1,556. Keller Group shares last traded at GBX 1,530, with a volume of 117,419 shares changing hands.

Analyst Ratings Changes

KLR has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Keller Group to a “buy” rating and set a GBX 1,660 target price for the company in a research report on Friday, August 29th. Peel Hunt restated a “buy” rating and set a GBX 2,250 price objective on shares of Keller Group in a research report on Thursday, November 13th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,900 target price on shares of Keller Group in a research note on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Keller Group currently has a consensus rating of “Buy” and a consensus price target of GBX 1,936.67.

Keller Group Stock Performance

The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 2.86 and a beta of 1.34. The company has a current ratio of 1.36, a quick ratio of 1.17 and a debt-to-equity ratio of 71.61. The stock’s 50-day moving average is GBX 1,508.33 and its 200-day moving average is GBX 1,455.78.

Insider Activity

In other news, insider Annette Kelleher purchased 1,921 shares of the company’s stock in a transaction dated Tuesday, October 14th. The stock was bought at an average cost of GBX 1,554 per share, for a total transaction of £29,852.34. Company insiders own 3.15% 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.