Brickability Group (LON:BRCK) Trading Down 1.9% – Time to Sell?

Shares of Brickability Group Plc (LON:BRCK) dropped 1.9% on Friday . The stock traded as low as GBX 52.99 and last traded at GBX 53. Approximately 794,155 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 880,869 shares. The stock had previously closed at GBX 54.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 106 price target on shares of Brickability Group in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Brickability Group presently has an average rating of “Buy” and a consensus price target of GBX 106.

Brickability Group Stock Performance

The company’s 50-day moving average price is GBX 53.59 and its 200 day moving average price is GBX 58.42. The stock has a market capitalization of £170.74 million, a PE ratio of 16.26 and a beta of 1.30. The company has a debt-to-equity ratio of 47.17, a quick ratio of 1.07 and a current ratio of 1.31.

Brickability Group (LON:BRCK) last posted its quarterly earnings data on Tuesday, November 25th. The company reported GBX 4.79 earnings per share for the quarter. Brickability Group had a return on equity of 8.24% and a net margin of 2.59%. On average, equities research analysts expect that Brickability Group Plc will post 8.4193122 earnings per share for the current fiscal year.

Insider Buying and Selling at Brickability Group

In related news, insider Mike Gant sold 57,924 shares of the stock in a transaction dated Thursday, November 27th. The shares were sold at an average price of GBX 53, for a total value of £30,699.72. 13.68% of the stock is owned by corporate insiders.

About Brickability Group

Brickability Group Plc is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Incorporated in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth.