Brooks Macdonald Group (LON:BRK) Hits New 52-Week Low – What’s Next?

Brooks Macdonald Group plc (LON:BRK) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 1,300 and last traded at GBX 1,300, with a volume of 4330 shares trading hands. The stock had previously closed at GBX 1,325.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 1,750 price objective on shares of Brooks Macdonald Group in a research report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,800.

Brooks Macdonald Group Stock Performance

The stock’s 50 day moving average is GBX 1,387.19 and its two-hundred day moving average is GBX 1,517.16. The company has a current ratio of 71.82, a quick ratio of 2.43 and a debt-to-equity ratio of 18.64. The stock has a market capitalization of £200.82 million, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77.

Insider Buying and Selling

In related news, insider Maarten Slendebroek purchased 6,800 shares of Brooks Macdonald Group stock in a transaction that occurred on Friday, April 17th. The stock was purchased at an average cost of GBX 1,450 per share, with a total value of £98,600. Company insiders own 10.05% of the company’s stock.

About Brooks Macdonald Group

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.