Wickes Group (LON:WIX) Shares Up 13.7% – Here’s What Happened

Wickes Group plc (LON:WIX)’s stock price traded up 13.7% on Tuesday . The stock traded as high as GBX 178.20 ($2.22) and last traded at GBX 174.20 ($2.17). 3,636,989 shares changed hands during mid-day trading, an increase of 197% from the average session volume of 1,224,366 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Price Performance

The business’s 50 day simple moving average is GBX 150.66 and its 200-day simple moving average is GBX 156.34. The stock has a market capitalization of £422.49 million, a price-to-earnings ratio of 1,485.00, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The company has a debt-to-equity ratio of 454.31, a quick ratio of 0.58 and a current ratio of 1.10.

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.