I think the Kier share price recovery could be on, as it soars 25%
Kier was famously backed by Neil Woodford, and many might have come to see that as the kiss of death. But investors are being drawn back, and the Kier price has climbed by more than 60% since mid-January. Nothing is for certain, mind, as shares in the construction company is still down nearly 90% over the past two years. But upbeat first-half figures gave Kier a 25% boost Thursday morning. Net debt at 31 December of £242.5m was said to be in line with expectations, but I think we need to look deeper than that. For one thing, that’s a 34% rise over the £180.5m figure reported a year prior. The post I think the Kier share price recovery could be on, as it soars 25% appeared first on The Motley Fool UK.