Morgan Sindall Group (LON:MGNS) Sets New 1-Year Low at $1,928.51

Shares of Morgan Sindall Group plc (LON:MGNSGet Rating) hit a new 52-week low on Thursday . The stock traded as low as GBX 1,928.51 ($23.78) and last traded at GBX 1,974 ($24.34), with a volume of 44197 shares. The stock had previously closed at GBX 1,958 ($24.14).

Separately, Peel Hunt reissued a “buy” rating and set a GBX 2,700 ($33.29) price objective on shares of Morgan Sindall Group in a report on Friday, February 11th.

The company has a market capitalization of £929.92 million and a price-to-earnings ratio of 9.81. The company has a debt-to-equity ratio of 34.46, a quick ratio of 0.91 and a current ratio of 1.18. The company’s fifty day simple moving average is GBX 2,279.73 and its two-hundred day simple moving average is GBX 2,307.35.

The business also recently disclosed a dividend, which will be paid on Wednesday, May 18th. Shareholders of record on Thursday, April 28th will be issued a dividend of GBX 62 ($0.76) per share. This is a positive change from Morgan Sindall Group’s previous dividend of $30.00. This represents a yield of 2.96%. The ex-dividend date is Thursday, April 28th. Morgan Sindall Group’s dividend payout ratio (DPR) is currently 0.34%.

In other news, insider John Christopher Morgan sold 7,137 shares of the firm’s stock in a transaction dated Tuesday, March 15th. The shares were sold at an average price of GBX 2,270 ($27.99), for a total value of £162,009.90 ($199,740.97). Also, insider Steve Crummett sold 5,944 shares of the firm’s stock in a transaction dated Thursday, March 17th. The stock was sold at an average price of GBX 2,330 ($28.73), for a total transaction of £138,495.20 ($170,749.85). Over the last three months, insiders have sold 42,408 shares of company stock valued at $97,355,975.

Morgan Sindall Group Company Profile (LON:MGNS)

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through five segments: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration divisions. The Construction & Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets; and construction services in education, healthcare, commercial, defense, industrial, leisure, and retail markets.

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