Monadelphous Group Limited (ASX:MND) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $18.90 and traded as low as $18.56. Monadelphous Group shares last traded at $18.80, with a volume of 365,703 shares trading hands.
The firm has a market capitalization of $1.77 billion and a PE ratio of 27.38. The firm’s 50 day moving average is A$18.92. The company has a debt-to-equity ratio of 6.84, a quick ratio of 2.05 and a current ratio of 2.08.
About Monadelphous Group (ASX:MND)
Monadelphous Group Limited, an engineering group, provides construction, maintenance, and industrial services to the resources, energy, and infrastructure sectors in Australia. It operates through Engineering Construction, and Maintenance & Industrial Services divisions. The company offers large-scale multidisciplinary project management and construction services, including construction management and execution; civil and electrical construction packages; turnkey design and construction; structural steel, tankage, mechanical works, and process equipment and piping fabrication and installation; fabrication and procurement; modularization and off-site pre-assembly; plant commissioning; demolition and remediation works; and offshore construction of plant and infrastructure.
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