Breedon Group (LON:BREE) Trading Down 10.2% – Should You Sell?

Breedon Group plc (LON:BREE) shares traded down 10.2% during mid-day trading on Friday . The stock traded as low as GBX 378.77 ($5.10) and last traded at GBX 386.20 ($5.20). 3,015,922 shares were traded during trading, an increase of 53% from the average session volume of 1,974,692 shares. The stock had previously closed at GBX 430.14 ($5.79).

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BREE shares. Royal Bank Of Canada dropped their price target on Breedon Group from GBX 650 ($8.75) to GBX 625 ($8.42) and set an “outperform” rating for the company in a research note on Tuesday, April 15th. Berenberg Bank boosted their target price on shares of Breedon Group from GBX 540 ($7.27) to GBX 590 ($7.95) and gave the stock a “buy” rating in a report on Thursday, March 6th.

Breedon Group Trading Up 1.2%

The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a 50-day moving average price of GBX 446.59 and a two-hundred day moving average price of GBX 446.02. The stock has a market cap of £1.35 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29.

Insider Activity at Breedon Group

In related news, insider James Brotherton sold 43,648 shares of the company’s stock in a transaction on Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.79), for a total transaction of £187,686.40 ($252,742.26). Also, insider Clive Watson acquired 3,223 shares of the company’s stock in a transaction on Friday, May 2nd. The stock was acquired at an average cost of GBX 450 ($6.06) per share, with a total value of £14,503.50 ($19,530.70). 23.90% of the stock is owned by corporate insiders.

Breedon Group Company Profile

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.