The Berkeley Group (LON:BKG) Reaches New 52-Week Low – Time to Sell?

The Berkeley Group Holdings plc (LON:BKG)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 3,820 ($47.47) and last traded at GBX 3,860 ($47.97), with a volume of 932461 shares traded. The stock had previously closed at GBX 3,852 ($47.87).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their price target on shares of The Berkeley Group from GBX 5,000 ($62.13) to GBX 4,700 ($58.41) and set a “neutral” rating on the stock in a research note on Thursday, December 5th.

The Berkeley Group Trading Up 0.3 %

The company’s 50 day moving average price is GBX 4,204.90 and its 200 day moving average price is GBX 4,669.87. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The firm has a market cap of £3.95 billion, a PE ratio of 1,003.64, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22.

Insider Activity

In other news, insider William Jackson purchased 11,054 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was bought at an average price of GBX 4,370 ($54.31) per share, for a total transaction of £483,059.80 ($600,298.00). Insiders own 4.84% of the company’s stock.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.