Brooks Macdonald Group (LON:BRK) Hits New 1-Year Low – Here’s Why

Brooks Macdonald Group plc (LON:BRK) hit a new 52-week low on Thursday . The company traded as low as GBX 1,400 ($18.11) and last traded at GBX 1,410 ($18.24), with a volume of 22244 shares traded. The stock had previously closed at GBX 1,450 ($18.76).

Wall Street Analyst Weigh In

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

Brooks Macdonald Group Price Performance

The company has a market capitalization of £230.01 million, a P/E ratio of 35.56, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The company’s 50-day moving average price is GBX 1,488.97 and its two-hundred day moving average price is GBX 1,657.12. The company has a debt-to-equity ratio of 2.50, a current ratio of 2.29 and a quick ratio of 2.43.

Brooks Macdonald Group (LON:BRK) last posted its earnings results on Thursday, February 27th. The company reported GBX 69.60 ($0.90) EPS for the quarter. Brooks Macdonald Group had a return on equity of 4.30% and a net margin of 5.03%. As a group, sell-side analysts expect that Brooks Macdonald Group plc will post 155.186722 EPS for the current year.

Insiders Place Their Bets

In related news, insider Andrea Montague purchased 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average cost of GBX 1,660 ($21.47) per share, for a total transaction of £33,200 ($42,943.99). 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.