Keller Group (LON:KLR) Hits New 52-Week High at $765.62

Keller Group plc (LON:KLR) hit a new 52-week high during trading on Friday . The stock traded as high as GBX 765.62 ($10.07) and last traded at GBX 728.83 ($9.59), with a volume of 40597 shares. The stock had previously closed at GBX 712 ($9.37).

KLR has been the subject of several recent research reports. Berenberg Bank lowered their price objective on Keller Group from GBX 710 ($9.34) to GBX 600 ($7.89) and set a “hold” rating for the company in a research note on Wednesday, November 6th. Peel Hunt reissued a “buy” rating on shares of Keller Group in a research report on Thursday. Jefferies Financial Group cut their price target on Keller Group from GBX 770 ($10.13) to GBX 720 ($9.47) and set a “buy” rating on the stock in a report on Monday, December 2nd. Finally, Liberum Capital restated a “buy” rating on shares of Keller Group in a report on Friday.

The company has a current ratio of 1.55, a quick ratio of 1.39 and a debt-to-equity ratio of 112.38. The stock has a 50 day simple moving average of GBX 580.94 and a 200 day simple moving average of GBX 615.50. The firm has a market capitalization of $513.14 million and a PE ratio of -15.00.

In other Keller Group news, insider Michael Speakman purchased 20,000 shares of the stock in a transaction dated Friday, September 27th. The shares were purchased at an average cost of GBX 570 ($7.50) per share, with a total value of £114,000 ($149,960.54). Also, insider Venu Raju acquired 50,000 shares of Keller Group stock in a transaction that occurred on Thursday, November 21st. The shares were purchased at an average price of GBX 613 ($8.06) per share, with a total value of £306,500 ($403,183.37). Insiders have bought 90,000 shares of company stock worth $53,450,000 over the last three months.

Keller Group Company Profile (LON:KLR)

Keller Group plc provides geotechnical solutions in North America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers ground improvement services to prepare the ground for new construction projects and to reduce the risk of liquefaction in the areas of seismic activity; and grouting services, which enhance target areas in the ground, and controls ground water flow through rocks and soils by reducing their permeability.

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