Wickes Group (LON:WIX) Trading Up 16.3% – Should You Buy?

Wickes Group plc (LON:WIX)’s share price was up 16.3% during mid-day trading on Tuesday . The stock traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.22). Approximately 4,107,257 shares changed hands during mid-day 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 Trading Up 16.3 %

The business’s fifty day moving average is GBX 150.66 and its 200-day moving average is GBX 156.34. 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 cap of £422.49 million, a P/E ratio of 1,485.00, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78.

About Wickes Group

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.