Grafton Group (LON:GFTU) Trading Down 7.3% - What's Next?

Grafton Group plc (LON:GFTU - Get Free Report) traded down 7.3% during trading on Thursday . The stock traded as low as GBX 915 ($12.43) and last traded at GBX 922.51 ($12.53). 3,073,630 shares traded hands during trading, an increase of 358% from the average session volume of 671,104 shares. The stock had previously closed at GBX 995 ($13.52).

Grafton Group Stock Down 2.7%

The stock has a market capitalization of £1.79 billion, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66. The firm has a 50-day moving average of GBX 996.14 and a two-hundred day moving average of GBX 925.33.

Insider Buying and Selling at Grafton Group

In related news, insider David Dillon purchased 5,000 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was bought at an average price of GBX 985 ($13.38) per share, for a total transaction of £49,250 ($66,906.67). Also, insider Eric Born purchased 13,700 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were bought at an average price of GBX 896 ($12.17) per share, with a total value of £122,752 ($166,759.95). 11.45% of the stock is currently owned by insiders.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.