Brickability Group (LON:BRCK) Sets New 12-Month Low – Here’s What Happened

Brickability Group Plc (LON:BRCK)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 50.20 and last traded at GBX 52, with a volume of 720371 shares trading hands. The stock had previously closed at GBX 51.40.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group initiated coverage on shares of Brickability Group in a research note on Wednesday, October 29th. They set a “buy” rating and a GBX 106 price target for the company. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 106.

Brickability Group Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.31 and a debt-to-equity ratio of 47.17. The stock has a market cap of £167.52 million, a P/E ratio of 26.00 and a beta of 1.30. The business’s 50-day simple moving average is GBX 55.22 and its two-hundred day simple moving average is GBX 60.63.

Brickability Group Company Profile

Brickability 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, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Incorporated 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.