Breedon Group plc (LON:BREE - Get Free Report) shares were down 8.3% during mid-day trading on Wednesday . The company traded as low as GBX 351.40 ($4.75) and last traded at GBX 355.88 ($4.81). Approximately 18,300,311 shares changed hands during mid-day trading, an increase of 821% from the average daily volume of 1,986,235 shares. The stock had previously closed at GBX 388 ($5.25).
Analyst Ratings Changes
Separately, Royal Bank Of Canada reduced their price target 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 research report on Tuesday, April 15th.
Get Our Latest Research Report on BREE
Breedon Group Stock Performance
The stock has a fifty day simple moving average of GBX 421.98 and a 200-day simple moving average of GBX 435.69. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 44.86. The company has a market capitalization of £1.21 billion, a P/E ratio of 12.53, a PEG ratio of 1.56 and a beta of 1.29.
Insider Buying and Selling
In related news, insider Clive Watson bought 621 shares of the firm's stock in a transaction dated Friday, June 13th. The stock was bought at an average cost of GBX 431 ($5.83) per share, for a total transaction of £2,676.51 ($3,618.37). 23.90% of the stock is currently owned by insiders.
Breedon Group Company Profile
(
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.
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