The Berkeley Group (LON:BKG) Reaches New 12-Month Low – Time to Sell?

The Berkeley Group Holdings plc (LON:BKGGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 3,820 ($47.65) and last traded at GBX 3,860 ($48.15), with a volume of 932461 shares changing hands. The stock had previously closed at GBX 3,852 ($48.05).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. decreased their price target on shares of The Berkeley Group from GBX 5,000 ($62.38) to GBX 4,700 ($58.63) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

Check Out Our Latest Stock Report on The Berkeley Group

The Berkeley Group Stock Performance

The firm has a market capitalization of £3.79 billion, a price-to-earnings ratio of 964.68, a PEG ratio of -0.87 and a beta of 1.22. The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The stock’s 50-day moving average is GBX 4,186.95 and its 200-day moving average is GBX 4,656.16.

Insider Buying and Selling

In other news, insider William Jackson bought 11,054 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average price of GBX 4,370 ($54.52) per share, for a total transaction of £483,059.80 ($602,619.51). 4.84% of the stock is owned by insiders.

The Berkeley Group Company Profile

(Get Free Report)

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.

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