Brickability Group (LON:BRCK) Stock Price Down 0.4% – Here’s Why

Brickability Group Plc (LON:BRCK) traded down 0.4% during mid-day trading on Tuesday. The stock traded as low as GBX 46.55 and last traded at GBX 47. 476,178 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 1,219,897 shares. The stock had previously closed at GBX 47.20.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 93 price target on shares of Brickability Group in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 93.

Brickability Group Trading Down 0.4%

The firm has a fifty day simple moving average of GBX 49.64 and a two-hundred day simple moving average of GBX 49.57. The stock has a market cap of £151.94 million, a PE ratio of 117.50 and a beta of 0.31. The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 64.27.

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