Brickability Group (LON:BRCK) Sets New 52-Week Low – Here’s Why

Brickability Group Plc (LON:BRCK)’s stock price reached a new 52-week low on Friday . The stock traded as low as GBX 52.20 ($0.67) and last traded at GBX 56 ($0.72), with a volume of 594238 shares trading hands. The stock had previously closed at GBX 57.60 ($0.74).

Brickability Group Trading Down 2.8 %

The company has a current ratio of 1.31, a quick ratio of 1.07 and a debt-to-equity ratio of 47.17. The business has a 50 day moving average of GBX 59.56 and a 200-day moving average of GBX 61.67. The firm has a market capitalization of £181.10 million, a P/E ratio of 11.14 and a beta of 1.30.

Brickability Group Cuts Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Thursday, January 23rd. This represents a dividend yield of 2%. Brickability Group’s payout ratio is 59.68%.

About Brickability Group

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.