Grana y Montero SAA (NYSE:GRAM) Share Price Crosses Above 50 Day Moving Average of $2.46

Grana y Montero SAA (NYSE:GRAM)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.46 and traded as high as $2.55. Grana y Montero SAA shares last traded at $2.55, with a volume of 47,694 shares trading hands.

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.94 and a current ratio of 1.14. The business has a 50 day moving average price of $2.47 and a two-hundred day moving average price of $2.41.

Large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in shares of Grana y Montero SAA during the fourth quarter valued at approximately $26,000. California Public Employees Retirement System boosted its stake in shares of Grana y Montero SAA by 5.8% during the third quarter. California Public Employees Retirement System now owns 188,300 shares of the construction company’s stock valued at $452,000 after purchasing an additional 10,300 shares during the period. Morgan Stanley boosted its stake in shares of Grana y Montero SAA by 134.2% during the second quarter. Morgan Stanley now owns 195,544 shares of the construction company’s stock valued at $616,000 after purchasing an additional 112,037 shares during the period. Deltec Asset Management LLC boosted its stake in shares of Grana y Montero SAA by 6.5% during the third quarter. Deltec Asset Management LLC now owns 328,694 shares of the construction company’s stock valued at $789,000 after purchasing an additional 20,000 shares during the period. Finally, Newfoundland Capital Management boosted its stake in shares of Grana y Montero SAA by 137.1% during the fourth quarter. Newfoundland Capital Management now owns 1,533,063 shares of the construction company’s stock valued at $3,787,000 after purchasing an additional 886,551 shares during the period. 8.82% of the stock is owned by hedge funds and other institutional investors.

Grana y Montero SAA Company Profile (NYSE:GRAM)

GraƱa y Montero SAA., together with its subsidiaries, engages in engineering and construction, infrastructure, and real estate businesses in Peru, Chile, and Colombia. The company operates through Engineering and Construction, Infrastructure, Real Estate, and Technical Services segments. The Engineering and Construction segment provides traditional engineering services, such as structural, civil, and design engineering; and services ranging from architectural planning to advanced specialties comprising process design, simulation, and environmental services.

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