Brickability Group (LON:BRCK) Trading 1.5% Higher – Here’s What Happened

Brickability Group Plc (LON:BRCK) traded up 1.5% on Friday . The company traded as high as GBX 55.66 and last traded at GBX 54. 409,835 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 526,414 shares. The stock had previously closed at GBX 53.20.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 106 price objective on shares of Brickability Group in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 106.

Brickability Group Stock Performance

The firm’s 50 day simple moving average is GBX 53.22 and its 200-day simple moving average is GBX 57.07. The company has a market cap of £173.96 million, a price-to-earnings ratio of 16.56 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 released its earnings results on Tuesday, November 25th. The company reported GBX 4.79 earnings per share for the quarter. Brickability Group had a net margin of 2.59% and a return on equity of 8.24%. On average, sell-side analysts predict that Brickability Group Plc will post 8.4193122 EPS for the current year.

Insider Buying and Selling at Brickability Group

In other news, insider Mike Gant sold 57,924 shares of the firm’s stock in a transaction that occurred on Thursday, November 27th. The shares were sold at an average price of GBX 53, for a total transaction of £30,699.72. 13.68% of the stock is currently owned by company 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.