Brickability Group (LON:BRCK) Shares Up 1.1% – Time to Buy?

Brickability Group Plc (LON:BRCK)’s stock price was up 1.1% during mid-day trading on Tuesday. The company traded as high as GBX 49.50 and last traded at GBX 48.60. 492,966 shares were traded during trading, a decline of 59% from the average daily volume of 1,201,238 shares. The stock had previously closed at GBX 48.05.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 93 price objective on shares of Brickability Group in a report on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 93.

Brickability Group Stock Up 1.1%

The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 64.27. The stock has a market cap of £157.11 million, a P/E ratio of 121.50 and a beta of 0.31. The company’s 50 day moving average price is GBX 48.43 and its two-hundred day moving average price is GBX 49.64.

Brickability Group Company Profile

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.