Brickability Group (LON:BRCK) Trading 2% Higher – Time to Buy?

Shares of Brickability Group Plc (LON:BRCK) shot up 2% during trading on Friday . The stock traded as high as GBX 60 ($0.76) and last traded at GBX 60 ($0.76). 198,425 shares traded hands during trading, a decline of 60% from the average session volume of 498,278 shares. The stock had previously closed at GBX 58.80 ($0.74).

Brickability Group Stock Performance

The stock’s 50-day moving average price is GBX 60.97 and its 200 day moving average price is GBX 63.76. 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 company has a market cap of £194.04 million, a P/E ratio of 11.94 and a beta of 1.30.

Brickability Group (LON:BRCK) last announced its earnings results on Tuesday, November 26th. The company reported GBX 5.03 ($0.06) EPS for the quarter. Brickability Group had a net margin of 2.59% and a return on equity of 8.24%. As a group, research analysts expect that Brickability Group Plc will post 8.4193122 EPS for the current fiscal year.

Brickability Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 23rd will be given a GBX 1.12 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a dividend yield of 2%. Brickability Group’s dividend payout ratio is 59.68%.

Insider Buying and Selling

In other Brickability Group news, insider Clive Norman sold 400,000 shares of Brickability Group stock in a transaction on Thursday, December 12th. The shares were sold at an average price of GBX 64 ($0.81), for a total transaction of £256,000 ($322,215.23). 38.05% of the stock is currently owned by 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.