Wickes Group (LON:WIX) Shares Up 10.1% – Here’s What Happened

Wickes Group plc (LON:WIX) was up 10.1% during mid-day trading on Tuesday . The stock traded as high as GBX 172 ($2.14) and last traded at GBX 168.60 ($2.10). Approximately 414,397 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 1,054,756 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Up 11.1 %

The firm has a market cap of £403.53 million, a price-to-earnings ratio of 1,418.33, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The stock has a 50-day moving average of GBX 150.66 and a 200-day moving average of GBX 156.34. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 454.31.

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 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.