Grafton Group (LON:GFTU) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Grafton Group plc (LON:GFTU)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 996.14 ($12.28) and traded as low as GBX 868.70 ($10.71). Grafton Group shares last traded at GBX 904.20 ($11.15), with a volume of 102,142 shares.

Grafton Group Price Performance

The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The company’s fifty day moving average price is GBX 939.20 and its 200 day moving average price is GBX 996.14. The firm has a market capitalization of £1.80 billion, a price-to-earnings ratio of 1,089.40, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60.

Insider Buying and Selling at Grafton Group

In other Grafton Group news, insider David Arnold sold 30,000 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of GBX 1,018 ($12.55), for a total value of £305,400 ($376,525.71). 11.45% of the stock is currently owned by insiders.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.