Wickes Group (LON:WIX) Trading 16.3% Higher – Time to Buy?

Wickes Group plc (LON:WIX)’s share price shot up 16.3% during trading on Tuesday . The stock traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.22). 4,107,257 shares traded hands during mid-day trading, an increase of 229% from the average session volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Up 16.3 %

The company has a debt-to-equity ratio of 454.31, a quick ratio of 0.58 and a current ratio of 1.10. The company has a market capitalization of £422.49 million, a price-to-earnings ratio of 1,485.00, a PEG ratio of 0.79 and a beta of 0.78. The business’s 50 day moving average is GBX 151.24 and its 200 day moving average is GBX 156.59.

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.