Breedon Group (LON:BREE) Reaches New 1-Year High at $410.00

Breedon Group plc (LON:BREEGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as GBX 410 ($5.24) and last traded at GBX 394 ($5.03), with a volume of 12952 shares changing hands. The stock had previously closed at GBX 395 ($5.04).

Analyst Ratings Changes

Separately, Berenberg Bank upped their price target on shares of Breedon Group from GBX 440 ($5.62) to GBX 460 ($5.87) and gave the company a “buy” rating in a report on Thursday, March 7th.

Get Our Latest Analysis on Breedon Group

Breedon Group Price Performance

The company’s fifty day moving average is GBX 380.43 and its 200 day moving average is GBX 367.21. The firm has a market cap of £1.35 billion, a price-to-earnings ratio of 1,274.19, a PEG ratio of 1.56 and a beta of 1.17. The company has a quick ratio of 1.12, a current ratio of 1.61 and a debt-to-equity ratio of 26.72.

Breedon Group Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 17th. Investors of record on Thursday, April 4th were issued a dividend of GBX 9.50 ($0.12) per share. This is a boost from Breedon Group’s previous dividend of $4.00. The ex-dividend date of this dividend was Thursday, April 4th. This represents a yield of 2.54%. Breedon Group’s dividend payout ratio is presently 4,516.13%.

Insider Buying and Selling

In other news, insider Rob Wood purchased 10,909 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average cost of GBX 275 ($3.51) per share, with a total value of £29,999.75 ($38,313.86). In related news, insider Rob Wood acquired 10,909 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were bought at an average cost of GBX 275 ($3.51) per share, with a total value of £29,999.75 ($38,313.86). Also, insider Amit Bhatia purchased 1,100,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were acquired at an average cost of GBX 383 ($4.89) per share, for a total transaction of £4,213,000 ($5,380,587.48). Over the last 90 days, insiders acquired 2,610,909 shares of company stock worth $1,001,799,975. 22.92% of the stock is owned by insiders.

About Breedon Group

(Get Free Report)

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.

Further Reading

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