Breedon Group (LON:BREE) Hits New 1-Year Low - Time to Sell?

Breedon Group plc (LON:BREE - Get Free Report)'s share price hit a new 52-week low on Thursday . The company traded as low as GBX 377 ($5.17) and last traded at GBX 382.20 ($5.24), with a volume of 3631369 shares trading hands. The stock had previously closed at GBX 377.80 ($5.18).

Wall Street Analyst Weigh In

A number of analysts have weighed in on BREE shares. Berenberg Bank raised their target price on shares of Breedon Group from GBX 540 ($7.41) to GBX 590 ($8.09) and gave the company a "buy" rating in a research report on Thursday, March 6th. Royal Bank Of Canada cut their price target on shares of Breedon Group from GBX 650 ($8.92) to GBX 625 ($8.57) and set an "outperform" rating on the stock in a report on Tuesday, April 15th.

Breedon Group Trading Up 1.4%

The company has a market cap of £1.32 billion, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The business's fifty day moving average price is GBX 439.32 and its 200 day moving average price is GBX 442.36. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12.

Insider Transactions at Breedon Group

In other news, insider Clive Watson bought 621 shares of the company's stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average price of GBX 431 ($5.91) per share, for a total transaction of £2,676.51 ($3,671.99). Also, insider James Brotherton sold 43,648 shares of the business's stock in a transaction on Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.90), for a total transaction of £187,686.40 ($257,492.66). 23.90% of the stock is owned by company insiders.

Breedon Group Company Profile

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.