Grafton Group (OTCMKTS:GROUF) Reaches New 12-Month High – Still a Buy?

Grafton Group PLC (OTCMKTS:GROUF) shares reached a new 52-week high on Tuesday . The company traded as high as $12.85 and last traded at $12.85, with a volume of 1000 shares traded. The stock had previously closed at $12.85.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Grafton Group in a report on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

Grafton Group Price Performance

The stock’s fifty day moving average is $11.74 and its 200-day moving average is $11.26. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.32.

About Grafton Group

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.