Grana y Montero SAA (NYSE:GRAM) Share Price Crosses Above 50 Day Moving Average of $3.08

Grana y Montero SAA (NYSE:GRAM) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.08 and traded as high as $2.95. Grana y Montero SAA shares last traded at $2.89, with a volume of 4,429 shares trading hands.

Separately, Zacks Investment Research upgraded shares of Grana y Montero SAA from a “sell” rating to a “hold” rating in a research report on Tuesday, June 25th.

The company has a current ratio of 1.30, a quick ratio of 1.08 and a debt-to-equity ratio of 0.40. The company’s fifty day moving average is $3.08.

An institutional investor recently bought a new position in Grana y Montero SAA stock. FNY Investment Advisers LLC acquired a new stake in Grana y Montero SAA (NYSE:GRAM) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 159,084 shares of the construction company’s stock, valued at approximately $556,000. FNY Investment Advisers LLC owned approximately 0.12% of Grana y Montero SAA as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 10.90% of the company’s stock.

Grana y Montero SAA Company Profile (NYSE:GRAM)

Graña y Montero SAA., together with its subsidiaries, engages in engineering and construction, infrastructure, and real estate businesses in Peru, Chile, and Colombia. The company operates through Engineering and Construction, Infrastructure, Real Estate, and Technical Services segments. The Engineering and Construction segment provides traditional engineering services, such as structural, civil, and design engineering; and services ranging from architectural planning to advanced specialties comprising process design, simulation, and environmental services.

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