Brickability Group (LON:BRCK) Stock Jumps 1.1% – Should You Buy?

Shares of Brickability Group Plc (LON:BRCK) rose 1.1% during mid-day trading on Tuesday. The company traded as high as GBX 49.50 and last traded at GBX 48.60. Approximately 492,966 shares changed hands during trading, a decline of 59% from the average daily volume of 1,201,238 shares. The stock had previously closed at GBX 48.05.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 93 target price on shares of Brickability Group in a research note on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 93.

Brickability Group Stock Up 1.1%

The stock has a market capitalization of £157.11 million, a PE ratio of 121.50 and a beta of 0.31. The company has a current ratio of 1.37, a quick ratio of 1.07 and a debt-to-equity ratio of 64.27. The company’s 50-day moving average is GBX 48.43 and its 200 day moving average is GBX 49.64.

About Brickability Group

BRCK 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, Importing, Distribution and Contracting. With an agile, de-centralised, capital-light business model, supported by a strong balance sheet, BRCK leverages the skills of its people company-wide to effectively service the complex and evolving needs of the construction industry.

Founded 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.