Grainger (LON:GRI) Shares Pass Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Grainger plc (LON:GRI – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 246.04 ($3.21) and traded as high as GBX 249 ($3.25). Grainger shares last traded at GBX 242.50 ($3.17), with a volume of 840,208 shares trading hands.

Grainger Price Performance

The stock has a market capitalization of £1.79 billion, a P/E ratio of 8,183.33, a PEG ratio of 1.51 and a beta of 0.71. The company has a debt-to-equity ratio of 84.35, a quick ratio of 0.87 and a current ratio of 3.81. The firm has a fifty day moving average price of GBX 241.28 and a two-hundred day moving average price of GBX 245.98.

About Grainger

(Get Free Report)

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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