Brooks Macdonald Group (LON:BRK) Sets New 1-Year Low – What’s Next?

Shares of Brooks Macdonald Group plc (LON:BRK) reached a new 52-week low on Wednesday . The stock traded as low as GBX 1,403.80 ($17.71) and last traded at GBX 1,450 ($18.29), with a volume of 243822 shares. The stock had previously closed at GBX 1,440 ($18.17).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “hold” rating on shares of Brooks Macdonald Group in a research report on Tuesday, January 28th.

Brooks Macdonald Group Price Performance

The business has a 50-day simple moving average of GBX 1,552.89 and a two-hundred day simple moving average of GBX 1,725.94. The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50. The stock has a market capitalization of £235.70 million, a price-to-earnings ratio of 36.43, a P/E/G ratio of 0.85 and a beta of 0.80.

Insider Activity

In related news, insider Andrea Montague bought 2,000 shares of Brooks Macdonald Group stock in a transaction dated Tuesday, December 31st. The stock was acquired at an average cost of GBX 1,660 ($20.94) per share, with a total value of £33,200 ($41,882.17). Insiders own 11.90% 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.