Brooks Macdonald Group (LON:BRK) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Brooks Macdonald Group plc (LON:BRK) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,709.43 and traded as low as GBX 1,650. Brooks Macdonald Group shares last traded at GBX 1,690, with a volume of 18,084 shares trading hands.

Analyst Ratings Changes

Separately, Royal Bank Of Canada cut their price target on shares of Brooks Macdonald Group from GBX 1,900 to GBX 1,850 and set a “sector perform” rating for the company in a research note on Thursday, October 16th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Brooks Macdonald Group presently has an average rating of “Hold” and a consensus price target of GBX 1,875.

Brooks Macdonald Group Trading Down 0.6%

The company’s fifty day moving average price is GBX 1,623.41 and its two-hundred day moving average price is GBX 1,709.43. The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50. The company has a market cap of £260.94 million, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80.

About Brooks Macdonald Group

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.