Brickability Group (LON:BRCK) Trading 0.1% Higher – Here’s Why

Brickability Group Plc (LON:BRCK)’s share price rose 0.1% on Monday . The company traded as high as GBX 45.70 and last traded at GBX 43.73. Approximately 344,413 shares traded hands during trading, a decline of 48% from the average daily volume of 658,381 shares. The stock had previously closed at GBX 43.70.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 106 price objective on shares of Brickability Group in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 106.

Brickability Group Price Performance

The firm has a market cap of £145.67 million, a PE ratio of 13.87 and a beta of 0.43. The company has a quick ratio of 1.07, a current ratio of 1.34 and a debt-to-equity ratio of 55.47. The stock has a 50 day moving average price of GBX 50.98 and a two-hundred day moving average price of GBX 53.36.

About Brickability Group

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.