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

Shares of McBride plc (LON:MCB) shot up 14.8% on Friday . The stock traded as high as GBX 134.20 and last traded at GBX 127. 1,641,562 shares traded hands during mid-day 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 reaffirmed a “buy” rating and set a GBX 190 target price on shares of McBride in a research report on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 190.

McBride Stock Up 0.5%

The stock has a market cap of £223.57 million, a price-to-earnings ratio of 6.86, a PEG ratio of -0.36 and a beta of 1.17. The business’s 50 day moving average is GBX 119.76 and its 200-day moving average is GBX 130.91. The company has a debt-to-equity ratio of 222.08, a quick ratio of 0.54 and a current ratio of 0.92.

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

McBride Company Profile

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.