Wickes Group (LON:WIX) Trading 16.3% Higher – What’s Next?

Wickes Group plc (LON:WIX) shares rose 16.3% on Tuesday . The company traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.22). Approximately 4,107,257 shares traded hands during trading, an increase of 229% from the average daily volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Up 16.3 %

The business’s 50 day moving average price is GBX 151.24 and its 200-day moving average price is GBX 156.59. The company has a debt-to-equity ratio of 454.31, a quick ratio of 0.58 and a current ratio of 1.10. The firm has a market capitalization of £422.49 million, a PE ratio of 1,485.00, a P/E/G ratio of 0.79 and a beta of 0.78.

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.