Grafton Group (OTCMKTS:GROUF) Shares Gap Up – Still a Buy?

Grafton Group PLC (OTCMKTS:GROUF) gapped up before the market opened on Thursday . The stock had previously closed at $11.97, but opened at $12.7350. Grafton Group shares last traded at $12.7350, with a volume of 1,000 shares.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Grafton Group in a research note on Friday, October 31st. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.

Grafton Group Price Performance

The firm’s fifty day moving average price is $11.88 and its 200-day moving average price is $11.31. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.94 and a quick ratio of 1.32.

Grafton Group Company Profile

Grafton Group plc, trading in the U.S. over-the-counter under the symbol GROUF, is a Dublin-based distributor of building materials and related products. The company traces its roots back to the early 20th century and has grown through a combination of organic expansion and strategic acquisitions. Headquartered in Ireland, Grafton Group is publicly listed on the London Stock Exchange and serves as a key supply partner across the construction and home improvement sectors.

Grafton Group operates primarily through merchanting divisions that supply a broad range of products, including plumbing and heating equipment, bathrooms and sanitaryware, insulation, landscaping materials, and general building supplies.