Wickes Group (LON:WIX) Stock Price Down 1.1% - Time to Sell?

Shares of Wickes Group plc (LON:WIX - Get Free Report) fell 1.1% during trading on Thursday . The company traded as low as GBX 194.20 ($2.58) and last traded at GBX 197 ($2.62). 511,826 shares were traded during trading, a decline of 71% from the average session volume of 1,771,457 shares. The stock had previously closed at GBX 199.20 ($2.65).

Analyst Ratings Changes

WIX has been the subject of several analyst reports. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 198 ($2.63) price target on shares of Wickes Group in a research note on Thursday, March 20th. Shore Capital restated a "buy" rating on shares of Wickes Group in a research report on Tuesday, May 6th.

Wickes Group Trading Up 0.5 %

The company has a market cap of £468.80 million, a PE ratio of 16.01, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The company's 50 day simple moving average is GBX 180.30 and its two-hundred day simple moving average is GBX 165.83. The company has a debt-to-equity ratio of 456.98, a current ratio of 1.10 and a quick ratio of 0.58.

Wickes Group (LON:WIX - Get Free Report) last issued its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.10 ($0.19) EPS for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. As a group, sell-side analysts anticipate that Wickes Group plc will post 16.2278978 EPS for the current fiscal year.

Wickes Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be issued a GBX 7.30 ($0.10) dividend. This represents a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, April 24th. This is an increase from Wickes Group's previous dividend of $3.60. Wickes Group's payout ratio is currently 88.93%.

Insider Activity at Wickes Group

In related news, insider David Wood sold 58,445 shares of Wickes Group stock in a transaction on Monday, April 7th. The stock was sold at an average price of GBX 172 ($2.29), for a total value of £100,525.40 ($133,570.82). 7.16% of the stock is currently owned by company insiders.

About Wickes Group

Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber. Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.