Galliford Try (LON:GFRD) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Galliford Try Holdings plc (LON:GFRDGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 498.81 and traded as high as GBX 573. Galliford Try shares last traded at GBX 569.95, with a volume of 85,154 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have weighed in on GFRD shares. Peel Hunt reiterated a “buy” rating and issued a GBX 550 target price on shares of Galliford Try in a research note on Thursday, November 13th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 620 price target on shares of Galliford Try in a report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Galliford Try has a consensus rating of “Buy” and a consensus target price of GBX 585.

Get Our Latest Report on Galliford Try

Galliford Try Price Performance

The stock has a fifty day moving average of GBX 532.62 and a two-hundred day moving average of GBX 498.81. The stock has a market cap of £562.70 million, a price-to-earnings ratio of 17.92, a price-to-earnings-growth ratio of 0.90 and a beta of 1.12. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 43.30.

About Galliford Try

(Get Free Report)

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.

Further Reading

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