The Berkeley Group (LON:BKG) Share Price Passes Below 200-Day Moving Average – Here’s Why

Shares of The Berkeley Group Holdings plc (LON:BKG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,878.22 ($53.29) and traded as low as GBX 3,850 ($52.91). The Berkeley Group shares last traded at GBX 3,856.56 ($53.00), with a volume of 633,050 shares.

The Berkeley Group Price Performance

The company has a market cap of £3.84 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22. The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The company has a fifty day moving average price of GBX 4,139.57 and a two-hundred day moving average price of GBX 3,878.22.

Insider Buying and Selling

In related news, insider Richard Stearn purchased 7,000 shares of the stock in a transaction dated Monday, June 23rd. The stock was bought at an average cost of GBX 3,867 ($53.14) per share, with a total value of £270,690 ($371,980.21). Also, insider Robert C. G. Perrins acquired 13,000 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was purchased at an average price of GBX 3,846 ($52.85) per share, with a total value of £499,980 ($687,068.85). In the last three months, insiders purchased 34,112 shares of company stock valued at $127,065,816. 4.84% of the stock is currently owned by company insiders.

About The Berkeley Group

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.