Wickes Group (LON:WIX) Trading Up 1.8% - What's Next?

Wickes Group plc (LON:WIX - Get Free Report)'s share price shot up 1.8% on Tuesday . The stock traded as high as GBX 227.50 ($3.12) and last traded at GBX 226.50 ($3.11). 4,685,776 shares changed hands during mid-day trading, an increase of 189% from the average session volume of 1,623,188 shares. The stock had previously closed at GBX 222.50 ($3.05).

Analyst Upgrades and Downgrades

WIX has been the subject of several recent analyst reports. Canaccord Genuity Group raised their target price on Wickes Group from GBX 198 ($2.72) to GBX 250 ($3.43) and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Shore Capital reissued a "buy" rating on shares of Wickes Group in a research report on Tuesday, May 6th.

Wickes Group Stock Performance

The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The stock has a market capitalization of £549.31 million, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The firm's fifty day moving average price is GBX 212.52 and its 200 day moving average price is GBX 182.49.

Insider Buying and Selling at Wickes Group

In other Wickes Group news, insider David Wood sold 58,445 shares of Wickes Group stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 172 ($2.36), for a total value of £100,525.40 ($137,951.69). 7.16% of the stock is owned by corporate insiders.

Wickes Group Company Profile

Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have 228 stores across the UK, employing 7,400 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 £27 billion UK Home Improvement market.