Grainger plc passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 254.37 ($3.22) and traded as high as GBX 259 ($3.28). Grainger shares last traded at GBX 256 ($3.24), with a volume of 524,514 shares.
Grainger Price Performance
The firm has a market capitalization of £1.89 billion, a P/E ratio of 8,533.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.68. The company has a debt-to-equity ratio of 79.88, a quick ratio of 0.87 and a current ratio of 4.56. The business has a 50 day simple moving average of GBX 258.86 and a two-hundred day simple moving average of GBX 254.37.
Insider Activity
In other news, insider Robert Hudson acquired 118 shares of Grainger stock in a transaction dated Wednesday, April 3rd. The shares were purchased at an average cost of GBX 253 ($3.20) per share, for a total transaction of £298.54 ($377.85). Corporate insiders own 2.04% of the company’s stock.
Source: defenseworld.net