Balfour Beatty (LON:BBY) Share Price Passes Above 200-Day Moving Average of $337.58

Balfour Beatty plc (LON:BBY) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 337.58 ($4.17) and traded as high as GBX 366.40 ($4.53). Balfour Beatty shares last traded at GBX 361.20 ($4.46), with a volume of 923,954 shares.

Balfour Beatty Stock Down 0.1 %

The company has a quick ratio of 0.84, a current ratio of 1.01 and a debt-to-equity ratio of 81.21. The stock has a market cap of £1.93 billion, a PE ratio of 860.00, a P/E/G ratio of 3.75 and a beta of 0.77. The business has a 50 day moving average price of GBX 360.64 and a 200 day moving average price of GBX 337.58.

Balfour Beatty Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Thursday, May 16th will be paid a GBX 8 ($0.10) dividend. This is an increase from Balfour Beatty’s previous dividend of $3.50. The ex-dividend date is Thursday, May 16th. This represents a dividend yield of 2.35%. Balfour Beatty’s dividend payout ratio is presently 2,857.14%.

Insider Transactions at Balfour Beatty

In other news, insider Philip Harrison sold 131,295 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of GBX 372 ($4.59), for a total value of £488,417.40 ($603,282.36). Company insiders own 1.26% of the company’s stock.

Balfour Beatty Company Profile

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.