Breedon Group (LON:BREE) Stock Price Down 10.2% - Time to Sell?

Breedon Group plc (LON:BREE - Get Free Report)'s stock price was down 10.2% during trading 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 changed 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).

Analysts Set New Price Targets

A number of equities research analysts recently commented on BREE shares. Royal Bank Of Canada decreased their target price on Breedon Group from GBX 650 ($8.75) to GBX 625 ($8.42) and set an "outperform" rating on the stock in a research report on Tuesday, April 15th. Berenberg Bank boosted their target price on Breedon Group from GBX 540 ($7.27) to GBX 590 ($7.95) and gave the stock a "buy" rating in a research report on Thursday, March 6th.

Breedon Group Stock Performance

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 business has a 50-day simple moving average of GBX 447.58 and a 200-day simple moving average of GBX 446.50. The firm has a market capitalization of £1.33 billion, a PE ratio of 13.83, a P/E/G ratio of 1.56 and a beta of 1.29.

Insider Buying and Selling at Breedon Group

In other news, insider James Brotherton sold 43,648 shares of the stock in a transaction that occurred on Friday, April 11th. The stock was sold at an average price of GBX 430 ($5.79), for a total value of £187,686.40 ($252,742.26). Also, insider Clive Watson purchased 621 shares of Breedon Group stock in a transaction dated Friday, June 13th. The stock was acquired at an average price of GBX 431 ($5.80) per share, for a total transaction of £2,676.51 ($3,604.24). Company insiders own 23.90% of the company's stock.

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.

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