Brickability Group (LON:BRCK) Trading Up 0.8% – Here’s Why

Shares of Brickability Group Plc (LON:BRCK) shot up 0.8% on Friday . The company traded as high as GBX 51.60 and last traded at GBX 50.60. 507,731 shares were traded during mid-day trading, a decline of 26% from the average session volume of 687,704 shares. The stock had previously closed at GBX 50.20.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 106 target price on shares of Brickability Group in a report on Tuesday, November 25th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Brickability Group presently has an average rating of “Buy” and an average price target of GBX 106.

Brickability Group Stock Performance

The company has a debt-to-equity ratio of 47.17, a quick ratio of 1.07 and a current ratio of 1.31. The firm’s 50-day moving average price is GBX 53.11 and its two-hundred day moving average price is GBX 54.95. The stock has a market cap of £163.01 million, a price-to-earnings ratio of 15.52 and a beta of 1.30.

Brickability Group (LON:BRCK) last released its quarterly earnings results on Tuesday, November 25th. The company reported GBX 4.79 earnings per share for the quarter. Brickability Group had a return on equity of 8.24% and a net margin of 2.59%. On average, analysts expect that Brickability Group Plc will post 8.4193122 EPS for the current fiscal year.

Insider Transactions at Brickability Group

In other news, insider Mike Gant sold 57,924 shares of Brickability Group stock in a transaction dated Thursday, November 27th. The shares were sold at an average price of GBX 53, for a total transaction of £30,699.72. Company insiders own 13.68% of the company’s stock.

About Brickability Group

BRCK Group PLC is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, BRCK leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.

Founded in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth.