Wickes Group plc (LON:WIX – Get Rating) shares traded up 1.7% on Tuesday . The company traded as high as GBX 145.70 ($1.72) and last traded at GBX 144.40 ($1.71). 130,915 shares were traded during mid-day trading, a decline of 84% from the average session volume of 796,417 shares. The stock had previously closed at GBX 142 ($1.68).
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft cut their price target on Wickes Group from GBX 320 ($3.78) to GBX 200 ($2.36) and set a “buy” rating for the company in a research note on Wednesday, July 27th.
Wickes Group Trading Up 1.7 %
The company has a debt-to-equity ratio of 429.25, a quick ratio of 0.58 and a current ratio of 1.15. The firm has a market capitalization of £374.92 million and a P/E ratio of 722.00. The firm has a 50 day simple moving average of GBX 129.22 and a two-hundred day simple moving average of GBX 149.67.
Wickes Group Cuts Dividend
Insiders Place Their Bets
In other Wickes Group news, insider David Wood purchased 120,980 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was bought at an average cost of GBX 123 ($1.45) per share, with a total value of £148,805.40 ($175,955.30).
Wickes Group Company Profile
Wickes Group plc operates as a retailer of home repair, maintenance, and improvement products and services in the United Kingdom. It supports customers home improvements plans through Local Trade, do-it-for-me (DIFM), and do-it-yourself (DIY) prepositions. The company's products portfolio includes kitchens, bathrooms, garden maintenance and decorating areas, building supplies, tools, timber and sheet materials, doors, windows, flooring and tiles, painting, lofty conversions, driveways, joinery and landscaping, and glazing categories.
- After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?
- Cisco Systems Hopes Restructuring Cuts Costs to Drive Revenue
- The Sell-Side Caps Gains In Dick’s Sporting Goods
- Want to Get a 10% Dividend Yield, Look Here
- Stock-ing Stuffers: 3 Attractive Stocks Trading Around $10
Receive News & Ratings for Wickes Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wickes Group and related companies with MarketBeat.com's FREE daily email newsletter.