Henry Boot (LON:BOOT) Shares Down 2.8% – Here’s Why

Henry Boot PLC (LON:BOOT)’s stock price fell 2.8% during trading on Monday . The stock traded as low as GBX 196.50 ($2.41) and last traded at GBX 207 ($2.53). 56,381 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 66,535 shares. The stock had previously closed at GBX 213 ($2.61).

Henry Boot Price Performance

The business’s 50-day simple moving average is GBX 226.19 and its two-hundred day simple moving average is GBX 224.49. The stock has a market cap of £280.64 million, a price-to-earnings ratio of 2,625.00, a price-to-earnings-growth ratio of -11.97 and a beta of 0.80. The company has a debt-to-equity ratio of 28.98, a current ratio of 2.14 and a quick ratio of 0.84.

Insider Activity at Henry Boot

In other Henry Boot news, insider Peter Mawson sold 13,200 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of GBX 231 ($2.83), for a total transaction of £30,492 ($37,321.91). 69.46% of the stock is currently owned by company insiders.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.