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

Breedon Group plc (LON:BREE - Get Free Report)'s share price fell 10.2% during trading on Friday . The stock traded as low as GBX 378.77 ($5.13) and last traded at GBX 386.20 ($5.23). 3,015,922 shares were traded during trading, an increase of 53% from the average session volume of 1,974,692 shares. The stock had previously closed at GBX 430.14 ($5.82).

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on BREE shares. Royal Bank Of Canada cut their price target on shares of Breedon Group from GBX 650 ($8.80) to GBX 625 ($8.46) and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Berenberg Bank upped their price target on shares of Breedon Group from GBX 540 ($7.31) to GBX 590 ($7.99) and gave the company a "buy" rating in a 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 firm has a market cap of £1.32 billion, a price-to-earnings ratio of 13.68, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a fifty day moving average price of GBX 445.70 and a two-hundred day moving average price of GBX 445.29.

Insider Activity

In other news, insider James Brotherton sold 43,648 shares of the company's stock in a transaction on Friday, April 11th. The stock was sold at an average price of GBX 430 ($5.82), for a total transaction of £187,686.40 ($254,111.02). Also, insider Clive Watson bought 621 shares of Breedon Group stock in a transaction dated Friday, June 13th. The shares were bought at an average cost of GBX 431 ($5.84) per share, with a total value of £2,676.51 ($3,623.76). 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.