Breedon Group plc (LON:BREE - Get Free Report)'s share price was down 10.2% during mid-day trading on Thursday . The company traded as low as GBX 378.77 ($5.08) and last traded at GBX 386.20 ($5.18). Approximately 3,015,922 shares changed hands 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 ($5.77).
Analyst Ratings Changes
A number of equities research analysts recently issued reports on BREE shares. Royal Bank Of Canada lowered their target price on shares of Breedon Group from GBX 650 ($8.73) to GBX 625 ($8.39) and set an "outperform" rating for the company in a report on Tuesday, April 15th. Berenberg Bank boosted their target price on shares of Breedon Group from GBX 540 ($7.25) to GBX 590 ($7.92) and gave the company a "buy" rating in a report on Thursday, March 6th.
View Our Latest Stock Report on Breedon Group
Breedon Group Trading Up 1.1%
The business's fifty day moving average is GBX 445.70 and its 200-day moving average is GBX 445.29. The stock has a market capitalization of £1.34 billion, a PE ratio of 13.98, 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.
Insiders Place Their Bets
In other Breedon Group news, insider James Brotherton sold 43,648 shares of the business's stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.77), for a total transaction of £187,686.40 ($251,961.87). Also, insider Clive Watson acquired 3,223 shares of the firm's stock in a transaction on Friday, May 2nd. The shares were acquired at an average price of GBX 450 ($6.04) per share, with a total value of £14,503.50 ($19,470.40). 23.90% of the stock is 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.
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