Brickability Group (LON:BRCK) Stock Price Up 1.5% – What’s Next?

Brickability Group Plc (LON:BRCK) shares shot up 1.5% during mid-day trading on Friday . The company traded as high as GBX 55.60 and last traded at GBX 54.60. 470,360 shares traded hands during trading, a decline of 31% from the average session volume of 685,629 shares. The stock had previously closed at GBX 53.80.

Analyst Ratings Changes

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

Brickability Group Stock Up 1.5%

The company has a quick ratio of 1.07, a current ratio of 1.31 and a debt-to-equity ratio of 47.17. The stock has a 50-day simple moving average of GBX 53.54 and a 200-day simple moving average of GBX 56.11. The firm has a market capitalization of £175.89 million, a PE ratio of 16.75 and a beta of 1.30.

Brickability Group (LON:BRCK) last posted its quarterly earnings results 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%. Analysts forecast that Brickability Group Plc will post 8.4193122 EPS for the current year.

Insiders Place Their Bets

In other news, insider Mike Gant sold 57,924 shares of Brickability Group 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.