Brickability Group (LON:BRCK) Shares Up 1.5% – Time to Buy?

Brickability Group Plc (LON:BRCK) was up 1.5% on Friday . The company traded as high as GBX 55.66 and last traded at GBX 54. Approximately 409,835 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 526,414 shares. The stock had previously closed at GBX 53.20.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 106 price objective on shares of Brickability Group in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 106.

Brickability Group Trading Up 1.5%

The firm has a market cap of £173.96 million, a price-to-earnings ratio of 16.56 and a beta of 1.30. The company’s 50-day moving average price is GBX 53.22 and its 200-day moving average price is GBX 57.10. The company has a quick ratio of 1.07, a current ratio of 1.31 and a debt-to-equity ratio of 47.17.

Brickability Group (LON:BRCK) last released its quarterly earnings results on Tuesday, November 25th. The company reported GBX 4.79 earnings per share for the quarter. Brickability Group had a net margin of 2.59% and a return on equity of 8.24%. Equities analysts expect that Brickability Group Plc will post 8.4193122 EPS for the current fiscal year.

Insider Activity at Brickability Group

In other news, insider Mike Gant sold 57,924 shares of the firm’s stock in a transaction that occurred on 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 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.