The Berkeley Group (LON:BKG) Stock Price Down 7.1% - What's Next?

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) shares dropped 7.1% on Friday . The stock traded as low as GBX 3,738 ($50.61) and last traded at GBX 3,856 ($52.21). Approximately 10,506,670 shares were traded during trading, an increase of 1,034% from the average daily volume of 926,154 shares. The stock had previously closed at GBX 4,150 ($56.19).

The Berkeley Group Stock Performance

The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The company's fifty day simple moving average is GBX 4,142.38 and its two-hundred day simple moving average is GBX 3,888.89. The stock has a market cap of £3.86 billion, a price-to-earnings ratio of 10.31, a P/E/G ratio of -0.87 and a beta of 1.22.

Insiders Place Their Bets

In other news, insider Robert C. G. Perrins bought 13,000 shares of The Berkeley Group stock in a transaction dated Friday, June 20th. The stock was purchased at an average price of GBX 3,846 ($52.07) per share, for a total transaction of £499,980 ($676,929.33). Corporate insiders own 4.84% of the company's stock.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England. Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people's lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.