Mears Group (LON:MER) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Posted by George Bondi on Jul 26th, 2026

Shares of Mears Group plc (LON:MER – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 379.08 and traded as high as GBX 438.50. Mears Group shares last traded at GBX 434.50, with a volume of 81,642 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 520 price target on shares of Mears Group in a research note on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 506.

Check Out Our Latest Stock Analysis on MER

Mears Group Price Performance

The stock has a market cap of £345.81 million, a PE ratio of 8.07, a PEG ratio of 0.68 and a beta of 0.48. The business’s 50-day simple moving average is GBX 414.72 and its 200-day simple moving average is GBX 379.08. The company has a quick ratio of 0.92, a current ratio of 0.79 and a debt-to-equity ratio of 157.98.

Mears Group announced that its board has initiated a stock buyback program on Wednesday, April 1st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Mears Group

In other Mears Group news, insider Lucas Critchley sold 60,984 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of GBX 401, for a total value of £244,545.84. Also, insider Andrew C. M. Smith sold 108,303 shares of Mears Group stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of GBX 401, for a total value of £434,295.03. 1.79% of the stock is owned by insiders.

Mears Group Company Profile

(Get Free Report)

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. It provides housing management services, which include supply of affordable homes to public and private sectors; emergency and temporary accommodation services; affordable housing/social housing management; housing with care services; private rented sector; stock acquisition; mears housing solutions; and housing services to central government departments.