Free Trial

Michelmersh Brick (LON:MBH) Shares Pass Below 200-Day Moving Average - Here's What Happened

Michelmersh Brick logo with Basic Materials background

Key Points

  • Michelmersh Brick Holdings plc shares fell below their 200-day moving average, trading at GBX 96.35 ($1.29), with a significant volume of 222,200 shares exchanged.
  • Analysts from Berenberg Bank and Canaccord Genuity have decreased their price targets for the stock from GBX 170 and GBX 160 to GBX 150, while maintaining a "buy" rating.
  • The company reported a net margin of 11.46% and an earnings per share (EPS) of GBX 3.30 for its quarterly earnings, with analysts forecasting an average EPS of approximately 10.31 for the current year.
  • MarketBeat previews the top five stocks to own by November 1st.

Michelmersh Brick Holdings plc (LON:MBH - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 104.77 ($1.41) and traded as low as GBX 95.25 ($1.28). Michelmersh Brick shares last traded at GBX 96.35 ($1.29), with a volume of 222,200 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on MBH. Berenberg Bank reduced their price objective on Michelmersh Brick from GBX 170 to GBX 150 and set a "buy" rating for the company in a research report on Tuesday, September 2nd. Canaccord Genuity Group cut their target price on Michelmersh Brick from GBX 160 to GBX 150 and set a "buy" rating on the stock in a research note on Tuesday, September 2nd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 156.67.

Read Our Latest Report on Michelmersh Brick

Michelmersh Brick Stock Up 0.4%

The firm has a fifty day moving average of GBX 102.48 and a 200-day moving average of GBX 104.77. The company has a quick ratio of 1.56, a current ratio of 2.13 and a debt-to-equity ratio of 2.05. The firm has a market cap of £88.63 million, a P/E ratio of 1,714.41 and a beta of 1.01.

Michelmersh Brick (LON:MBH - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported GBX 3.30 EPS for the quarter. Michelmersh Brick had a net margin of 11.46% and a return on equity of 8.82%. On average, equities research analysts anticipate that Michelmersh Brick Holdings plc will post 10.3053435 earnings per share for the current year.

Michelmersh Brick Company Profile

(Get Free Report)

Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets. Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Michelmersh Brick Right Now?

Before you consider Michelmersh Brick, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Michelmersh Brick wasn't on the list.

While Michelmersh Brick currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for October 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.