Brooks Macdonald Group (LON:BRK) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of 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 1,629.87 and traded as low as GBX 1,345.58. Brooks Macdonald Group shares last traded at GBX 1,360, with a volume of 11,127 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group upgraded Brooks Macdonald Group to a “buy” rating in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 1,875.

Brooks Macdonald Group Stock Up 2.5%

The company has a quick ratio of 2.43, a current ratio of 71.82 and a debt-to-equity ratio of 18.64. The company has a market capitalization of £215.35 million, a P/E ratio of 13.98, a PEG ratio of 0.85 and a beta of 0.65. The firm has a 50-day moving average price of GBX 1,540.44 and a two-hundred day moving average price of GBX 1,629.87.

Brooks Macdonald Group (LON:BRK) last posted its quarterly earnings data on Tuesday, February 24th. The company reported GBX 66.10 earnings per share for the quarter. Brooks Macdonald Group had a return on equity of 4.43% and a net margin of 5.71%. Equities research analysts anticipate that Brooks Macdonald Group plc will post 155.186722 EPS for the current fiscal year.

Insider Buying and Selling at Brooks Macdonald Group

In other Brooks Macdonald Group news, insider Euan Munro acquired 26,000 shares of Brooks Macdonald Group stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of GBX 1,516 per share, with a total value of £394,160. Corporate insiders own 9.84% of the company’s stock.

Brooks Macdonald Group Company Profile

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.