Henry Boot (LON:BOOT) Shares Down 10.6% – What’s Next?

Shares of Henry Boot PLC (LON:BOOTGet Free Report) fell 10.6% during mid-day trading on Thursday . The company traded as low as GBX 171.36 and last traded at GBX 195. 267,374 shares were traded during trading, an increase of 204% from the average session volume of 87,882 shares. The stock had previously closed at GBX 218.

Henry Boot News Roundup

Here are the key news stories impacting Henry Boot this week:

Analyst Ratings Changes

Several analysts have issued reports on BOOT shares. Jefferies Financial Group boosted their target price on shares of Henry Boot from GBX 262 to GBX 264 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Berenberg Bank lowered their price target on Henry Boot from GBX 337 to GBX 326 and set a “buy” rating on the stock in a report on Tuesday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 295.

View Our Latest Stock Report on BOOT

Henry Boot Stock Performance

The company has a current ratio of 2.14, a quick ratio of 0.84 and a debt-to-equity ratio of 29.17. The firm has a market capitalization of £258.19 million, a PE ratio of 10.21, a PEG ratio of -11.97 and a beta of 0.80. The firm’s fifty day moving average price is GBX 221.37 and its 200 day moving average price is GBX 222.39.

Insiders Place Their Bets

In other news, insider Jonathan James Sykes sold 150,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of GBX 221, for a total transaction of £331,500. 6.38% of the stock is currently owned by insiders.

Henry Boot Company Profile

(Get Free Report)

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.

Further Reading

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