Brickability Group (LON:BRCK) Stock Price Up 2% – What’s Next?

Brickability Group Plc (LON:BRCK)’s share price rose 2% during mid-day trading on Friday . The company traded as high as GBX 60 ($0.76) and last traded at GBX 60 ($0.76). Approximately 198,425 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 498,278 shares. The stock had previously closed at GBX 58.80 ($0.74).

Brickability Group Price Performance

The company has a debt-to-equity ratio of 47.17, a current ratio of 1.31 and a quick ratio of 1.07. The company has a fifty day moving average price of GBX 60.97 and a 200 day moving average price of GBX 63.76. The company has a market capitalization of £194.04 million, a P/E ratio of 11.94 and a beta of 1.30.

Brickability Group (LON:BRCK) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 5.03 ($0.06) earnings per share for the quarter. Brickability Group had a net margin of 2.59% and a return on equity of 8.24%. On average, sell-side analysts forecast that Brickability Group Plc will post 8.4193122 EPS for the current fiscal year.

Brickability Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, January 23rd will be issued a dividend of GBX 1.12 ($0.01) per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, January 23rd. Brickability Group’s dividend payout ratio (DPR) is 59.68%.

Insiders Place Their Bets

In other Brickability Group news, insider Clive Norman sold 400,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of GBX 64 ($0.81), for a total value of £256,000 ($322,215.23). 38.05% of the stock is owned by insiders.

About Brickability Group

Brickability Group Plc is a leading distributor and provider of specialist products and services to the UK construction industry. The business comprises four divisions: Bricks and Building Materials, Contracting, Distribution, and Strategic Importing. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, Brickability leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.
Incorporated in 1985, the Group has grown organically through product diversification and geographic expansion, as well as through the acquisition of specialist businesses that support its long-term strategy for growth.