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

Breedon Group plc (LON:BREE - Get Free Report) shares traded down 10.2% on Thursday . The company traded as low as GBX 378.77 ($5.10) and last traded at GBX 386.20 ($5.20). 3,015,922 shares traded hands 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 ($5.79).

Analyst Ratings Changes

Several equities research analysts have issued reports on BREE shares. Royal Bank Of Canada lowered their price target on shares of 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 upped their target price on shares of Breedon Group from GBX 540 ($7.27) to GBX 590 ($7.95) and gave the company a "buy" rating in a research note on Thursday, March 6th.

Breedon Group Trading Down 10.2%

The company has a 50 day moving average of GBX 446.59 and a 200 day moving average of GBX 446.02. The firm has a market cap of £1.33 billion, a price-to-earnings ratio of 13.83, 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.

Insider Buying and Selling at Breedon Group

In other news, insider Clive Watson acquired 3,223 shares of the firm's stock in a transaction on Friday, May 2nd. The shares were purchased at an average cost of GBX 450 ($6.06) per share, with a total value of £14,503.50 ($19,530.70). Also, insider James Brotherton sold 43,648 shares of the firm's 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 transaction of £187,686.40 ($252,742.26). 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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