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

Galliford Try Holdings plc (LON:GFRD) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 279.52 ($3.63) and traded as high as GBX 375.14 ($4.87). Galliford Try shares last traded at GBX 371 ($4.82), with a volume of 256,681 shares trading hands.

Galliford Try Price Performance

The firm has a market capitalization of £364.73 million, a price-to-earnings ratio of 1,040.00, a price-to-earnings-growth ratio of 0.90 and a beta of 1.12. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.30. The firm has a 50 day moving average price of GBX 309.94 and a two-hundred day moving average price of GBX 280.45.

Galliford Try Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 7th will be paid a GBX 11.50 ($0.15) dividend. This is a positive change from Galliford Try’s previous dividend of $4.00. This represents a dividend yield of 3.83%. The ex-dividend date of this dividend is Thursday, November 7th. Galliford Try’s payout ratio is currently 4,571.43%.

Insider Activity

In other news, insider Bill Hocking sold 159,626 shares of Galliford Try stock in a transaction dated Monday, October 7th. The stock was sold at an average price of GBX 327 ($4.25), for a total value of £521,977.02 ($677,716.20). Corporate insiders own 7.70% of the company’s stock.

About Galliford Try

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.