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

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

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 106 price target on shares of Brickability Group in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average 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 firm has a market capitalization of £175.89 million, a PE ratio of 16.75 and a beta of 1.30. The business’s 50-day moving average price is GBX 53.54 and its 200-day moving average price is GBX 56.17.

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

Insider Buying and Selling

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

Brickability Group Company Profile

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.