Keller Group (LON:KLR) Share Price Passes Above 200 Day Moving Average of $873.67

Keller Group plc (LON:KLR)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 873.67 ($10.79) and traded as high as GBX 1,056 ($13.04). Keller Group shares last traded at GBX 1,052 ($12.99), with a volume of 243,610 shares trading hands.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,300 ($16.06) price objective on shares of Keller Group in a research note on Wednesday, April 10th.

Keller Group Trading Down 0.1 %

The firm has a market capitalization of £761.40 million, a P/E ratio of 869.42, a PEG ratio of 2.86 and a beta of 1.18. The firm has a 50 day simple moving average of GBX 979.15 and a two-hundred day simple moving average of GBX 873.67. The company has a debt-to-equity ratio of 75.04, a quick ratio of 1.17 and a current ratio of 1.33.

Keller Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 28th. Stockholders of record on Thursday, May 30th will be given a dividend of GBX 31.30 ($0.39) per share. The ex-dividend date is Thursday, May 30th. This is a positive change from Keller Group’s previous dividend of $13.90. This represents a dividend yield of 3.58%. Keller Group’s dividend payout ratio (DPR) is currently 3,719.01%.

Insider Activity

In other Keller Group news, insider Kerry Porritt bought 15,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was purchased at an average cost of GBX 934 ($11.54) per share, with a total value of £140,100 ($173,048.42). Insiders own 4.25% of the company’s stock.

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.