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

Brooks Macdonald Group plc (LON:BRK) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,471.26 and traded as low as GBX 1,315. Brooks Macdonald Group shares last traded at GBX 1,315, with a volume of 9,668 shares traded.

Analyst Ratings Changes

A number of analysts have recently issued reports on BRK shares. Berenberg Bank reiterated a “buy” rating and set a GBX 1,600 price objective on shares of Brooks Macdonald Group in a research note on Friday, July 3rd. Shore Capital Group restated a “buy” rating and set a GBX 1,750 target price on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Brooks Macdonald Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,733.33.

Brooks Macdonald Group Trading Down 1.1%

The firm has a market cap of £203.14 million, a P/E ratio of 13.19, a P/E/G ratio of 0.85 and a beta of 0.77. The firm has a fifty day moving average of GBX 1,338.72 and a 200-day moving average of GBX 1,471.26. The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82.

Insider Activity at Brooks Macdonald Group

In other Brooks Macdonald Group news, insider Maarten Slendebroek purchased 6,800 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were bought at an average price of GBX 1,450 per share, with a total value of £98,600. Insiders own 10.05% of the company’s stock.

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.