Brickability Group (LON:BRCK) Trading 2.6% Higher – Time to Buy?

Brickability Group Plc (LON:BRCK)’s stock price traded up 2.6% during trading on Tuesday . The company traded as high as GBX 52.60 and last traded at GBX 52.60. Approximately 2,650,344 shares changed hands during mid-day trading, an increase of 188% from the average daily volume of 920,318 shares. The stock had previously closed at GBX 51.25.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 93 price objective on shares of Brickability Group in a research note on Tuesday, July 14th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 93.

Brickability Group Price Performance

The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 64.27. The company has a market capitalization of £170.04 million, a PE ratio of 131.50 and a beta of 0.31. The stock’s 50-day moving average is GBX 49.95 and its two-hundred day moving average is GBX 49.90.

Brickability Group (LON:BRCK) last announced its quarterly earnings data on Tuesday, July 14th. The company reported GBX 8.91 earnings per share (EPS) for the quarter. Brickability Group had a net margin of 0.20% and a return on equity of 0.71%. On average, equities analysts predict that Brickability Group Plc will post 8.4193122 EPS for the current year.

Brickability Group Company Profile

BRCK 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, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, BRCK leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.

Founded 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.