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

Brickability Group Plc (LON:BRCK) shot up 1.5% during mid-day trading 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 target price on shares of Brickability Group in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Brickability Group currently has an average rating of “Buy” and a consensus price target of GBX 106.

Brickability Group Trading Up 1.5%

The stock has a market cap of £173.96 million, a PE ratio of 16.56 and a beta of 1.30. The company’s fifty day moving average is GBX 53.22 and its 200-day moving average is GBX 57.10. The company has a debt-to-equity ratio of 47.17, a current ratio of 1.31 and a quick ratio of 1.07.

Brickability Group (LON:BRCK) last posted its quarterly earnings results 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%. On average, analysts predict that Brickability Group Plc will post 8.4193122 earnings per share for the current fiscal year.

Insider Activity at Brickability Group

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