Galliford Try (LON:GFRD) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Galliford Try Holdings plc (LON:GFRD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 279.52 ($3.63) and traded as high as GBX 375.14 ($4.87). Galliford Try shares last traded at GBX 371 ($4.82), with a volume of 256,681 shares.

Galliford Try Price Performance

The company has a debt-to-equity ratio of 43.30, a quick ratio of 0.89 and a current ratio of 0.92. The firm has a fifty day simple moving average of GBX 309.94 and a 200-day simple moving average of GBX 280.45. The company has a market capitalization of £364.73 million, a PE ratio of 1,040.00, a P/E/G ratio of 0.90 and a beta of 1.12.

Galliford Try Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 7th will be issued a dividend of GBX 11.50 ($0.15) per share. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from Galliford Try’s previous dividend of $4.00. This represents a yield of 3.83%. Galliford Try’s payout ratio is currently 4,571.43%.

Insiders Place Their Bets

In other news, insider Bill Hocking sold 159,626 shares of Galliford Try stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of GBX 327 ($4.25), for a total value of £521,977.02 ($677,716.20). 7.70% of the stock is owned by company insiders.

Galliford Try Company Profile

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.