Shares of Breedon Group plc (LON:BREE - Get Free Report) dropped 10.2% on Thursday . The company traded as low as GBX 378.77 ($5.10) and last traded at GBX 386.20 ($5.20). Approximately 3,015,922 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 1,974,692 shares. The stock had previously closed at GBX 430.14 ($5.79).
Analyst Upgrades and Downgrades
BREE has been the subject of a number of research analyst reports. Royal Bank Of Canada lowered their target price on Breedon Group from GBX 650 ($8.75) to GBX 625 ($8.42) and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Berenberg Bank lifted their price objective on Breedon Group from GBX 540 ($7.27) to GBX 590 ($7.95) and gave the company a "buy" rating in a research note on Thursday, March 6th.
Get Our Latest Stock Analysis on BREE
Breedon Group Stock Up 1.0%
The company has a 50 day moving average price of GBX 446.59 and a two-hundred day moving average price of GBX 446.02. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market cap of £1.34 billion, a PE ratio of 13.97, a PEG ratio of 1.56 and a beta of 1.29.
Insider Transactions at Breedon Group
In other Breedon Group news, insider James Brotherton sold 43,648 shares of the business's stock in a transaction dated Friday, April 11th. The stock was sold at an average price of GBX 430 ($5.79), for a total transaction of £187,686.40 ($252,742.26). Also, insider Clive Watson purchased 621 shares of the business's stock in a transaction on Friday, June 13th. The shares were bought at an average cost of GBX 431 ($5.80) per share, with a total value of £2,676.51 ($3,604.24). Company insiders own 23.90% of the company's stock.
Breedon Group Company Profile
(
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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.
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