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

Breedon Group plc (LON:BREE - Get Free Report)'s share price dropped 10.2% on Friday . 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 were traded 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 topic of several research reports. Royal Bank Of Canada reduced their price objective on Breedon Group from GBX 650 ($8.75) to GBX 625 ($8.42) and set an "outperform" rating on the stock in a 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 Up 1.2%

The company has a market cap of £1.35 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86. The firm's 50 day moving average price is GBX 446.59 and its 200-day moving average price is GBX 446.02.

Insider Buying and Selling

In other Breedon Group news, insider James Brotherton sold 43,648 shares of the stock in a transaction dated 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 bought 3,223 shares of Breedon Group stock in a transaction on Friday, May 2nd. The shares were bought at an average price of GBX 450 ($6.06) per share, for a total transaction of £14,503.50 ($19,530.70). 23.90% of the stock is currently owned by 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.

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