Keller Group (LON:KLR) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Keller Group plc (LON:KLRGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2,559.64 and traded as high as GBX 2,971. Keller Group shares last traded at GBX 2,960, with a volume of 2,015,593 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on KLR shares. Berenberg Bank raised their target price on shares of Keller Group from GBX 3,150 to GBX 3,300 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 3,150 price target on shares of Keller Group in a report on Wednesday, August 5th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 2,910 price objective on shares of Keller Group in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 2,907.50.

Check Out Our Latest Stock Report on Keller Group

Keller Group Stock Up 1.1%

The company has a debt-to-equity ratio of 48.00, a current ratio of 1.42 and a quick ratio of 1.17. The business’s 50 day simple moving average is GBX 3,109.25 and its 200 day simple moving average is GBX 2,566.26. The company has a market capitalization of £2.02 billion, a PE ratio of 13.55, a P/E/G ratio of 2.86 and a beta of 1.03.

Keller Group (LON:KLRGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported GBX 115.10 earnings per share for the quarter. Keller Group had a net margin of 4.81% and a return on equity of 24.09%. As a group, analysts anticipate that Keller Group plc will post 192.5925926 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Keller Group news, insider Stephen King acquired 6,500 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was bought at an average cost of GBX 3,062 per share, for a total transaction of £199,030. Insiders own 3.25% of the company’s stock.

Keller Group Company Profile

(Get Free Report)

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.

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