Morgan Sindall Group (LON:MGNS) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Morgan Sindall Group plc (LON:MGNSGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-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.

Morgan Sindall Group Price Performance

The firm has a market capitalization of £1.73 billion, a P/E ratio of 13.81, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. The stock’s fifty day simple moving average is GBX 3,751.40 and its 200 day simple moving average is GBX 3,428.77.

Morgan Sindall Group Company Profile

(Get Free Report)

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.

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