Big Yellow Group (LON:BYG) Stock Price Up 17.3% – Still a Buy?

Shares of Big Yellow Group Plc (LON:BYG) traded up 17.3% on Monday . The stock traded as high as GBX 1,178 ($15.72) and last traded at GBX 1,132 ($15.10). 1,680,849 shares traded hands during trading, an increase of 97% from the average session volume of 852,808 shares. The stock had previously closed at GBX 965 ($12.87).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised shares of Big Yellow Group to a “buy” rating and decreased their price target for the company from GBX 1,300 to GBX 1,200 in a report on Friday, August 1st. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 1,200.

Big Yellow Group Price Performance

The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 16.68. The company has a market capitalization of £2.24 billion, a P/E ratio of 1,112.84, a P/E/G ratio of 2.40 and a beta of 0.72. The company’s 50-day simple moving average is GBX 939.11 and its 200 day simple moving average is GBX 956.26.

Big Yellow Group Company Profile

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.