Galliford Try (LON:GFRD) Share Price Passes Above 200 Day Moving Average of $171.20

Galliford Try Holdings PLC (LON:GFRD) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 171.20 ($2.32) and traded as high as GBX 194.40 ($2.64). Galliford Try shares last traded at GBX 174.80 ($2.37), with a volume of 182,626 shares.

A number of research firms have recently issued reports on GFRD. Peel Hunt restated a “buy” rating and set a GBX 230 ($3.12) target price on shares of Galliford Try in a research note on Friday, November 5th. Peel Hunt restated a “buy” rating and set a GBX 230 ($3.12) target price on shares of Galliford Try in a research note on Friday, November 5th. Finally, Liberum Capital restated a “buy” rating and set a GBX 270 ($3.66) target price on shares of Galliford Try in a research note on Wednesday, November 24th.

The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 14.32. The firm’s 50 day simple moving average is GBX 180.93 and its two-hundred day simple moving average is GBX 171.20. The firm has a market cap of £194.12 million and a price-to-earnings ratio of 26.09.

About Galliford Try (LON:GFRD)

Galliford Try Holdings PLC, together with its subsidiaries, operates in the construction business in the United Kingdom. The company's Building division works with private and public sector clients in health, education, and defense. Its Infrastructure division carries out civil engineering projects in the highways and environment sectors.

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