Breedon Group plc (LON:BREE - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 427.68 ($5.78) and traded as low as GBX 363 ($4.91). Breedon Group shares last traded at GBX 378.20 ($5.11), with a volume of 2,616,292 shares traded.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank decreased their price objective on shares of Breedon Group from GBX 590 to GBX 540 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of GBX 561.67.
Get Our Latest Stock Report on Breedon Group
Breedon Group Stock Performance
The company has a market cap of £1.29 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The firm has a 50-day simple moving average of GBX 380.24 and a 200 day simple moving average of GBX 425.83. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86.
Breedon Group (LON:BREE - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported GBX 11.20 EPS for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. On average, sell-side analysts predict that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.
Insider Activity
In other Breedon Group news, insider Rob Wood bought 13,701 shares of Breedon Group stock in a transaction dated Wednesday, July 23rd. The stock was acquired at an average cost of GBX 360 per share, with a total value of £49,323.60. Also, insider Clive Watson bought 1,223 shares of Breedon Group stock in a transaction dated Tuesday, August 12th. The stock was acquired at an average cost of GBX 371 per share, with a total value of £4,537.33. Over the last three months, insiders acquired 29,903 shares of company stock valued at $10,748,506. Insiders own 23.90% of the company's stock.
About Breedon Group
(
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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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