Morgan Sindall Group (LON:MGNS) Sets New 52-Week High at $2,800.00

Morgan Sindall Group plc (LON:MGNS)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 2,800 ($36.21) and last traded at GBX 2,800 ($36.21), with a volume of 104846 shares trading hands. The stock had previously closed at GBX 2,710 ($35.05).

Analysts Set New Price Targets

Separately, Numis Securities upped their price objective on Morgan Sindall Group from GBX 2,500 ($32.33) to GBX 3,000 ($38.80) and gave the company a “buy” rating in a research note on Thursday, April 11th.

Morgan Sindall Group Price Performance

The company has a debt-to-equity ratio of 25.42, a quick ratio of 0.87 and a current ratio of 1.19. The company has a market cap of £1.30 billion, a P/E ratio of 1,079.68, a P/E/G ratio of -68.20 and a beta of 1.23. The firm has a 50 day moving average price of GBX 2,593.79 and a two-hundred day moving average price of GBX 2,386.46.

About Morgan Sindall Group

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.