Morgan Sindall Group (LON:MGNS) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Morgan Sindall Group plc (LON:MGNS)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,428.77 ($43.16) and traded as high as GBX 3,690 ($46.44). Morgan Sindall Group shares last traded at GBX 3,670 ($46.19), with a volume of 94,067 shares traded.

Morgan Sindall Group Stock Up 0.4 %

The firm has a 50-day moving average of GBX 3,751.40 and a two-hundred day moving average of GBX 3,433.76. The company has a market capitalization of £1.73 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported annual revenues of £4.1bn in full year 2023, employing around 7,700 employees and operating in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.