Henry Boot (LON:BOOT) Sets New 1-Year Low – Here’s What Happened

Shares of Henry Boot PLC (LON:BOOT) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 146.50 and last traded at GBX 157.16, with a volume of 205777 shares trading hands. The stock had previously closed at GBX 161.

Analyst Ratings Changes

A number of research firms have commented on BOOT. Jefferies Financial Group reissued a “buy” rating and issued a GBX 226 target price on shares of Henry Boot in a report on Monday, June 8th. Berenberg Bank lowered their price target on Henry Boot from GBX 230 to GBX 219 and set a “buy” rating on the stock in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 222.50.

Henry Boot Price Performance

The company has a quick ratio of 0.83, a current ratio of 4.85 and a debt-to-equity ratio of 27.55. The firm’s fifty day moving average price is GBX 164.04 and its two-hundred day moving average price is GBX 185.47. The stock has a market capitalization of £209.15 million, a PE ratio of 9.11, a PEG ratio of -11.97 and a beta of 0.23.

Insider Buying and Selling

In other news, insider Darren Littlewood purchased 10,032 shares of the company’s stock in a transaction dated Tuesday, April 28th. The shares were purchased at an average cost of GBX 174 per share, for a total transaction of £17,455.68. Also, insider Timothy Andrew Roberts acquired 16,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average cost of GBX 173 per share, with a total value of £27,680. Insiders own 6.40% of the company’s stock.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.