Brooks Macdonald Group (LON:BRK) Sets New 1-Year Low – Here’s What Happened

Brooks Macdonald Group plc (LON:BRK)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 1,350 ($17.67) and last traded at GBX 1,360 ($17.80), with a volume of 43230 shares changing hands. The stock had previously closed at GBX 1,415 ($18.52).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Brooks Macdonald Group in a research report on Tuesday, January 28th.

Brooks Macdonald Group Trading Down 1.1 %

The firm has a market capitalization of £227.57 million, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The stock has a 50-day simple moving average of GBX 1,457.18 and a two-hundred day simple moving average of GBX 1,585.52. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50.

Brooks Macdonald Group (LON:BRK) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 69.60 ($0.91) earnings per share for the quarter. Brooks Macdonald Group had a return on equity of 4.30% and a net margin of 5.03%. On average, equities research analysts anticipate that Brooks Macdonald Group plc will post 155.186722 earnings per share for the current year.

Insider Activity

In related news, insider Katherine Jones purchased 1,224 shares of the business’s stock in a transaction dated Tuesday, March 18th. The shares were acquired at an average cost of GBX 1,470 ($19.24) per share, for a total transaction of £17,992.80 ($23,550.79). Company insiders own 11.90% of the company’s stock.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.