Brickability Group (LON:BRCK) Shares Down 3.7% – Time to Sell?

Brickability Group Plc (LON:BRCK)’s share price fell 3.7% during mid-day trading on Friday . The stock traded as low as GBX 57.40 ($0.74) and last traded at GBX 57.80 ($0.75). 341,866 shares changed hands during trading, a decline of 45% from the average session volume of 621,752 shares. The stock had previously closed at GBX 60 ($0.78).

Brickability Group Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.31 and a debt-to-equity ratio of 47.17. The stock has a fifty day simple moving average of GBX 59.66 and a 200-day simple moving average of GBX 61.94. The company has a market capitalization of £186.92 million, a P/E ratio of 11.50 and a beta of 1.30.

Brickability Group Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, January 23rd were issued a dividend of GBX 1.12 ($0.01) per share. This represents a yield of 2%. The ex-dividend date was Thursday, January 23rd. Brickability Group’s dividend payout ratio is currently 59.68%.

Brickability Group Company Profile

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