Brickability Group (LON:BRCK) Trading Up 1.7% – Time to Buy?

Brickability Group Plc (LON:BRCK) was up 1.7% during mid-day trading on Tuesday . The company traded as high as GBX 53.63 and last traded at GBX 52.50. 2,150,989 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 900,861 shares. The stock had previously closed at GBX 51.60.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 93 price objective on shares of Brickability Group in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Brickability Group currently has an average rating of “Buy” and an average target price of GBX 93.

Brickability Group Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 64.27. The stock has a market cap of £169.72 million, a P/E ratio of 131.25 and a beta of 0.31. The firm’s 50-day moving average is GBX 50.45 and its two-hundred day moving average is GBX 49.62.

Brickability Group (LON:BRCK) last posted its earnings results on Tuesday, July 14th. The company reported GBX 8.91 EPS for the quarter. Brickability Group had a net margin of 0.20% and a return on equity of 0.71%. As a group, research analysts expect that Brickability Group Plc will post 8.4193122 EPS for the current year.

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.