Grafton Group (OTCMKTS:GROUF) Shares Gap Down – Should You Sell?

Grafton Group PLC (OTCMKTS:GROUF)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $12.50, but opened at $11.97. Grafton Group shares last traded at $11.97, with a volume of 1,000 shares trading hands.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Grafton Group in a research note on Friday, October 31st. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Grafton Group Price Performance

The company’s 50-day simple moving average is $11.00 and its 200-day simple moving average is $11.00. The company has a current ratio of 1.94, a quick ratio of 1.32 and a debt-to-equity ratio of 0.32.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.