Brickability Group (LON:BRCK) Reaches New 1-Year Low – Should You Sell?

Shares of Brickability Group Plc (LON:BRCK) hit a new 52-week low on Friday . The stock traded as low as GBX 50.60 and last traded at GBX 52.80, with a volume of 1464270 shares traded. The stock had previously closed at GBX 52.40.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group started coverage on Brickability Group in a research note on Wednesday, October 29th. They set a “buy” rating and a GBX 106 target price on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 106.

Brickability Group Stock Up 0.8%

The firm’s 50-day simple moving average is GBX 55.46 and its 200 day simple moving average is GBX 61.44. The company has a market capitalization of £170.09 million, a PE ratio of 26.40 and a beta of 1.30. The company has a debt-to-equity ratio of 47.17, a quick ratio of 1.07 and a current ratio of 1.31.

Brickability Group Company Profile

Brickability 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, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Incorporated 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.