Peel Hunt Reaffirms Add Rating for McKay Securities (LON:MCKS)
Peel Hunt reiterated their add rating on shares of McKay Securities (LON:MCKS) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Shares of McKay Securities stock opened at GBX 223 ($2.91) on Tuesday. The business’s 50 day simple moving average is GBX 220.96 and its 200 day simple moving average is GBX 235.37. McKay Securities has a 52-week low of GBX 215 ($2.81) and a 52-week high of GBX 280 ($3.66). The firm has a market cap of $210.21 million and a PE ratio of 16.04. The company has a debt-to-equity ratio of 53.87, a quick ratio of 0.48 and a current ratio of 1.35.
In related news, insider Tom Elliott sold 6,509 shares of McKay Securities stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of GBX 233 ($3.04), for a total value of £15,165.97 ($19,817.03).
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.
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