Wickes Group (LON:WIX) Stock Price Up 14% – Time to Buy?

Wickes Group plc (LON:WIX) shares traded up 14% on Tuesday . The stock traded as high as GBX 175 ($2.18) and last traded at GBX 174.60 ($2.17). 1,811,320 shares were traded during mid-day trading, an increase of 61% from the average session volume of 1,128,278 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Trading Up 16.3 %

The company has a market capitalization of £422.49 million, a price-to-earnings ratio of 1,485.00, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 454.31. The company’s fifty day simple moving average is GBX 150.66 and its two-hundred day simple moving average is GBX 156.34.

Wickes Group Company Profile

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.