Grafton Group (OTCMKTS:GROUF) Shares Gap Up – Here’s What Happened

Grafton Group PLC (OTCMKTS:GROUF)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $11.97, but opened at $12.7350. Grafton Group shares last traded at $12.7350, with a volume of 1,000 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Grafton Group in a research note on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Grafton Group currently has a consensus rating of “Buy”.

Grafton Group Stock Down 0.9%

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.32. The business’s 50-day moving average is $11.81 and its two-hundred day moving average is $11.28.

About Grafton Group

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.