McKay Securities (LON:MCKS) Shares Pass Above 200 Day Moving Average of $189.76

Share on StockTwits

McKay Securities plc (LON:MCKS)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $189.76 and traded as high as $191.99. McKay Securities shares last traded at $190.00, with a volume of 176,742 shares traded.

Several brokerages have weighed in on MCKS. Peel Hunt reiterated an “add” rating on shares of McKay Securities in a research report on Thursday, July 23rd. Peel Hunt reiterated an “add” rating and issued a GBX 210 ($2.74) price objective on shares of McKay Securities in a research report on Tuesday, June 9th.

The company has a quick ratio of 0.33, a current ratio of 6.26 and a debt-to-equity ratio of 62.55. The company has a market cap of $179.25 million and a P/E ratio of 22.09. The business has a fifty day moving average of GBX 192.44 and a 200 day moving average of GBX 189.42.

In other McKay Securities news, insider Jon Austen bought 4,850 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average price of GBX 202 ($2.64) per share, for a total transaction of £9,797 ($12,801.52).

McKay Securities Company Profile (LON:MCKS)

McKay Securities PLC is a commercial property investment company with Real Estate Investment Trust (REIT) status, listed on the main market of the London Stock Exchange. It specialises in the development and refurbishment of good quality office and industrial buildings within established and proven markets of central London and South East England.

Featured Story: What strategies should day traders use to execute a trade?

Receive News & Ratings for McKay Securities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McKay Securities and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply