Mears Group (LON:MER) Stock Price Down 0.7% – Should You Sell?

by · The Markets Daily

Mears Group plc (LON:MER – Get Free Report)’s stock price dropped 0.7% on Monday . The stock traded as low as GBX 356.50 ($4.55) and last traded at GBX 361.50 ($4.61). Approximately 90,006 shares were traded during trading, a decline of 76% from the average daily volume of 377,715 shares. The stock had previously closed at GBX 364 ($4.64).

Mears Group Stock Performance

The company has a debt-to-equity ratio of 137.41, a current ratio of 0.87 and a quick ratio of 0.92. The business has a 50-day moving average of GBX 366.94 and a 200-day moving average of GBX 372.53. The company has a market capitalization of £325.66 million, a P/E ratio of 878.05, a P/E/G ratio of 0.68 and a beta of 1.26.

Insider Activity at Mears Group

In other Mears Group news, insider Andrew C. M. Smith purchased 12,018 shares of Mears Group stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average cost of GBX 364 ($4.64) per share, with a total value of £43,745.52 ($55,804.98). Also, insider Lucas Critchley acquired 4,518 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was bought at an average cost of GBX 362 ($4.62) per share, with a total value of £16,355.16 ($20,863.83). 2.76% of the stock is currently owned by insiders.

About Mears Group

(Get Free Report)

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.

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