Brickability Group (LON:BRCK) Reaches New 1-Year Low – Here’s What Happened

Brickability Group Plc (LON:BRCK) reached a new 52-week low on Friday . The company traded as low as GBX 52.20 ($0.68) and last traded at GBX 56 ($0.73), with a volume of 594238 shares trading hands. The stock had previously closed at GBX 57.60 ($0.75).

Brickability Group Stock Down 2.8 %

The firm has a 50 day simple moving average of GBX 59.55 and a 200-day simple moving average of GBX 61.76. The company has a debt-to-equity ratio of 47.17, a current ratio of 1.31 and a quick ratio of 1.07. The stock has a market capitalization of £181.10 million, a price-to-earnings ratio of 11.14 and a beta of 1.30.

Brickability Group Cuts Dividend

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