Wickes Group (LON:WIX) Stock Price Down 0.9% – Time to Sell?

Wickes Group plc (LON:WIX)’s share price traded down 0.9% on Thursday . The company traded as low as GBX 210 ($2.84) and last traded at GBX 216 ($2.92). 340,072 shares were traded during trading, a decline of 76% from the average session volume of 1,401,807 shares. The stock had previously closed at GBX 218 ($2.95).

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Shore Capital reissued a “buy” rating on shares of Wickes Group in a research report on Thursday, July 24th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 250 ($3.38) target price on shares of Wickes Group in a research report on Thursday, July 24th.

Wickes Group Stock Down 0.9%

The stock’s 50-day moving average price is GBX 223.81 and its two-hundred day moving average price is GBX 199.08. The stock has a market capitalization of £511.42 million, a P/E ratio of 17.46, a P/E/G ratio of 0.79 and a beta of 0.78. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98.

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 228 stores across the UK, employing 7,400 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 £27 billion UK Home Improvement market.