Breedon Group (LON:BREE) Stock Price Crosses Above 200 Day Moving Average of $373.35

Shares of Breedon Group plc (LON:BREE) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 373.35 ($4.74) and traded as high as GBX 388 ($4.92). Breedon Group shares last traded at GBX 387 ($4.91), with a volume of 354,012 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank boosted their price target on shares of Breedon Group from GBX 440 ($5.58) to GBX 460 ($5.84) and gave the company a “buy” rating in a research note on Thursday, March 7th.

Breedon Group Stock Up 1.0 %

The stock has a 50 day moving average of GBX 384.09 and a 200-day moving average of GBX 373.35. The firm has a market capitalization of £1.33 billion, a P/E ratio of 1,248.39, a PEG ratio of 1.56 and a beta of 1.17. The company has a debt-to-equity ratio of 26.72, a quick ratio of 1.12 and a current ratio of 1.61.

Insider Transactions at Breedon Group

In other news, insider Amit Bhatia purchased 1,500,000 shares of the stock in a transaction dated Wednesday, April 3rd. The shares were purchased at an average cost of GBX 385 ($4.88) per share, with a total value of £5,775,000 ($7,325,891.16). In related news, insider Rob Wood bought 10,909 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average cost of GBX 275 ($3.49) per share, with a total value of £29,999.75 ($38,056.26). Also, insider Amit Bhatia bought 1,500,000 shares of the stock in a transaction that occurred on Wednesday, April 3rd. The stock was bought at an average cost of GBX 385 ($4.88) per share, for a total transaction of £5,775,000 ($7,325,891.16). Over the last ninety days, insiders have bought 3,860,909 shares of company stock valued at $1,483,049,975. 22.92% of the stock is currently owned by corporate insiders.

Breedon Group Company Profile

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.