Keller Group plc (LON:KLR – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,350.42 ($17.67) and traded as high as GBX 1,646 ($21.54). Keller Group shares last traded at GBX 1,644 ($21.52), with a volume of 40,335 shares traded.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank boosted their price target on Keller Group from GBX 1,500 ($19.63) to GBX 1,750 ($22.90) and gave the stock a “buy” rating in a report on Tuesday, August 6th.
Check Out Our Latest Research Report on KLR
Keller Group Trading Up 0.7 %
Keller Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, September 13th. Stockholders of record on Thursday, August 15th were paid a GBX 16.60 ($0.22) dividend. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 15th. Keller Group’s payout ratio is 2,823.53%.
Insider Activity
In related news, insider Kerry Porritt purchased 138 shares of the stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average cost of GBX 1,637 ($21.42) per share, for a total transaction of £2,259.06 ($2,956.50). In other Keller Group news, insider Kerry Porritt bought 138 shares of the company’s stock in a transaction on Tuesday, September 17th. The stock was acquired at an average price of GBX 1,637 ($21.42) per share, for a total transaction of £2,259.06 ($2,956.50). Also, insider David Burke sold 19,884 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of GBX 1,613 ($21.11), for a total value of £320,728.92 ($419,747.31). Corporate insiders own 4.11% 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.
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