Breedon Group plc (LON:BREE - Get Free Report)'s share price was down 10.8% during mid-day trading on Wednesday . The stock traded as low as GBX 344.01 ($4.65) and last traded at GBX 346.16 ($4.68). Approximately 18,646,563 shares changed hands during mid-day trading, an increase of 838% from the average daily volume of 1,988,690 shares. The stock had previously closed at GBX 388 ($5.25).
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada decreased their price objective on shares of Breedon Group from GBX 650 ($8.79) to GBX 625 ($8.45) and set an "outperform" rating for the company in a report on Tuesday, April 15th.
Get Our Latest Report on Breedon Group
Breedon Group Price Performance
The stock's 50-day moving average is GBX 421.98 and its 200 day moving average is GBX 435.69. The stock has a market capitalization of £1.21 billion, a PE ratio of 12.53, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86.
Insider Buying and Selling
In related news, insider Clive Watson bought 3,223 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was purchased at an average cost of GBX 450 ($6.08) per share, for a total transaction of £14,503.50 ($19,607.27). 23.90% of the stock is currently owned by insiders.
About Breedon Group
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Breedon Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Breedon Group wasn't on the list.
While Breedon Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
