Grafton Group (LON:GFTU) Shares Pass Below 200 Day Moving Average of $850.72

Grafton Group plc (LON:GFTU – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 850.72 ($10.28) and traded as low as GBX 846.54 ($10.23). Grafton Group shares last traded at GBX 861.80 ($10.42), with a volume of 794,114 shares changing hands.

Grafton Group Stock Up 1.4 %

The company has a quick ratio of 1.56, a current ratio of 2.36 and a debt-to-equity ratio of 37.98. The firm has a market cap of £1.80 billion, a P/E ratio of 1,025.95, a PEG ratio of 1.58 and a beta of 1.54. The stock’s 50-day simple moving average is GBX 874.58 and its 200 day simple moving average is GBX 850.72.

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Grafton Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 20th. Shareholders of record on Thursday, September 21st will be given a dividend of GBX 10 ($0.12) per share. The ex-dividend date of this dividend is Thursday, September 21st. This represents a yield of 1.17%. Grafton Group’s dividend payout ratio (DPR) is currently 4,047.62%.

Insider Buying and Selling at Grafton Group

In other news, insider David Arnold sold 8,217 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of GBX 895 ($10.82), for a total transaction of £73,542.15 ($88,894.17). Insiders own 8.55% of the company’s stock.

About Grafton Group

(Get Free Report)

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 and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.

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