Balfour Beatty (LON:BBY) Sets New 1-Year High at $427.20

Shares of Balfour Beatty plc (LON:BBY) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 427.20 ($5.53) and last traded at GBX 423.20 ($5.47), with a volume of 13984 shares changing hands. The stock had previously closed at GBX 420.20 ($5.43).

Balfour Beatty Stock Performance

The firm has a market capitalization of £2.20 billion, a price-to-earnings ratio of 1,200.57, a price-to-earnings-growth ratio of 3.75 and a beta of 0.80. The firm’s 50-day moving average price is GBX 375.78 and its two-hundred day moving average price is GBX 361.46. The company has a debt-to-equity ratio of 81.21, a quick ratio of 0.84 and a current ratio of 1.01.

Insiders Place Their Bets

In other news, insider Leo Quinn sold 189,921 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of GBX 385 ($4.98), for a total value of £731,195.85 ($945,674.92). Corporate insiders own 1.25% of the company’s stock.

About Balfour Beatty

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.