Keller Group (LON:KLR) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Keller Group plc (LON:KLR)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,423.19 ($18.98) and traded as high as GBX 1,570 ($20.94). Keller Group shares last traded at GBX 1,564.13 ($20.86), with a volume of 172,968 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 price target on shares of Keller Group in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft upgraded Keller Group to a “buy” rating and set a GBX 1,660 target price for the company in a research report on Friday, August 29th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Keller Group presently has a consensus rating of “Buy” and an average price target of GBX 1,780.

Keller Group Stock Performance

The company has a market capitalization of £1.08 billion, a price-to-earnings ratio of 813.03, a P/E/G ratio of 2.86 and a beta of 1.34. The company has a debt-to-equity ratio of 71.61, a quick ratio of 1.17 and a current ratio of 1.36. The firm’s 50 day simple moving average is GBX 1,388.02 and its 200-day simple moving average is GBX 1,423.19.

Keller Group (LON:KLR) last announced its quarterly earnings data on Tuesday, August 5th. The company reported GBX 99.70 EPS for the quarter. Keller Group had a net margin of 4.20% and a return on equity of 23.55%. Analysts expect that Keller Group plc will post 192.5925926 EPS for the current year.

About Keller Group

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.