Brooks Macdonald Group (LON:BRK) Hits New 1-Year Low – Here’s Why

Brooks Macdonald Group plc (LON:BRK)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 1,300 and last traded at GBX 1,300, with a volume of 4330 shares traded. The stock had previously closed at GBX 1,325.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 1,750 price target on shares of Brooks Macdonald Group in a research report on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,800.

Brooks Macdonald Group Price Performance

The stock has a fifty day moving average of GBX 1,384.69 and a 200-day moving average of GBX 1,512.52. The firm has a market capitalization of £200.82 million, a P/E ratio of 13.04, a PEG ratio of 0.85 and a beta of 0.77. The company has a quick ratio of 2.43, a current ratio of 71.82 and a debt-to-equity ratio of 18.64.

Insiders Place Their Bets

In related news, insider Maarten Slendebroek acquired 6,800 shares of the stock in a transaction on Friday, April 17th. The stock was purchased at an average price of GBX 1,450 per share, for a total transaction of £98,600. Insiders own 10.05% of the company’s stock.

Brooks Macdonald Group Company Profile

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. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.