Keller Group (LON:KLR) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Keller Group plc (LON:KLR)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,643.66 and traded as high as GBX 2,170. Keller Group shares last traded at GBX 2,165, with a volume of 126,956 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keller Group from GBX 1,660 to GBX 2,200 and gave the stock a “hold” rating in a report on Thursday, March 5th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,116.67.

Keller Group Trading Down 2.8%

The stock has a market cap of £1.46 billion, a P/E ratio of 11.13, a P/E/G ratio of 2.86 and a beta of 1.04. The company has a current ratio of 1.44, a quick ratio of 1.17 and a debt-to-equity ratio of 48.39. The company has a 50-day moving average price of GBX 1,889.02 and a two-hundred day moving average price of GBX 1,649.02.

Keller Group (LON:KLR) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 215.20 earnings per share (EPS) for the quarter. Keller Group had a return on equity of 23.46% and a net margin of 4.62%. On average, research analysts expect that Keller Group plc will post 192.5925926 EPS for the current fiscal year.

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. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.