Brickability Group (LON:BRCK) Trading Up 2.6% – Time to Buy?

Brickability Group Plc (LON:BRCK)’s share price traded up 2.6% during trading on Tuesday . The company traded as high as GBX 52.60 and last traded at GBX 52.60. 2,650,344 shares changed hands during mid-day trading, an increase of 188% from the average session volume of 920,318 shares. The stock had previously closed at GBX 51.25.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 93 price target on shares of Brickability Group in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Brickability Group presently has a consensus rating of “Buy” and an average target price of GBX 93.

Brickability Group Trading Up 2.6%

The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 64.27. The firm has a market cap of £170.04 million, a price-to-earnings ratio of 131.50 and a beta of 0.31. The company has a fifty day moving average price of GBX 49.95 and a 200-day moving average price of GBX 49.90.

Brickability Group (LON:BRCK) last released its quarterly earnings data on Tuesday, July 14th. The company reported GBX 8.91 EPS for the quarter. Brickability Group had a return on equity of 0.71% and a net margin of 0.20%. As a group, research analysts expect that Brickability Group Plc will post 8.4193122 EPS for the current year.

Brickability Group Company Profile

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.