McBride (LON:MCB) Stock Price Up 14.8% – Should You Buy?

McBride plc (LON:MCB) shares traded up 14.8% during trading on Friday . The company traded as high as GBX 134.20 and last traded at GBX 127. 1,641,562 shares changed hands during trading, an increase of 304% from the average session volume of 405,918 shares. The stock had previously closed at GBX 110.60.

Analyst Ratings Changes

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 190 price objective on shares of McBride in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, McBride presently has an average rating of “Buy” and a consensus target price of GBX 190.

McBride Trading Up 0.5%

The firm has a market capitalization of £223.57 million, a price-to-earnings ratio of 6.86, a price-to-earnings-growth ratio of -0.36 and a beta of 1.17. The company has a fifty day moving average price of GBX 119.76 and a 200-day moving average price of GBX 130.91. The company has a current ratio of 0.92, a quick ratio of 0.54 and a debt-to-equity ratio of 222.08.

McBride (LON:MCB) last issued its quarterly earnings data on Wednesday, September 17th. The company reported GBX 22.10 earnings per share for the quarter. McBride had a net margin of 3.56% and a return on equity of 62.24%. On average, equities research analysts predict that McBride plc will post 19.2307692 EPS for the current year.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.