Brooks Macdonald Group (LON:BRK) Reaches New 1-Year Low – Time to Sell?

Brooks Macdonald Group plc (LON:BRK)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 1,325 and last traded at GBX 1,325, with a volume of 2511 shares traded. The stock had previously closed at GBX 1,330.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “buy” rating and issued a GBX 1,750 target price on shares of Brooks Macdonald Group in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,800.

Brooks Macdonald Group Price Performance

The firm has a market capitalization of £206.23 million, a P/E ratio of 13.39, a P/E/G ratio of 0.85 and a beta of 0.77. The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82. The stock has a 50 day moving average of GBX 1,389.79 and a two-hundred day moving average of GBX 1,526.04.

Insiders Place Their Bets

In other Brooks Macdonald Group news, insider Maarten Slendebroek purchased 6,800 shares of the business’s stock in a transaction on Friday, April 17th. The stock was purchased at an average price of GBX 1,450 per share, for a total transaction of £98,600. Also, insider Euan Munro bought 26,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were purchased at an average price of GBX 1,516 per share, with a total value of £394,160. 10.05% of the stock is owned by corporate insiders.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.