Breedon Group (LON:BREE) Stock Crosses Above 200 Day Moving Average of $83.45

Breedon Group plc (LON:BREE) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 83.45 ($1.09) and traded as high as GBX 95 ($1.24). Breedon Group shares last traded at GBX 94.50 ($1.23), with a volume of 1,817,902 shares trading hands.

Separately, Shore Capital reiterated a “buy” rating on shares of Breedon Group in a research report on Wednesday, March 10th.

The company has a market capitalization of £1.59 billion and a PE ratio of 47.25. The company has a quick ratio of 0.72, a current ratio of 0.91 and a debt-to-equity ratio of 39.40. The company has a 50-day moving average price of GBX 92 and a two-hundred day moving average price of GBX 83.45.

In related news, insider Rob Wood sold 42,400 shares of the business’s stock in a transaction dated Monday, March 22nd. The stock was sold at an average price of GBX 94 ($1.23), for a total transaction of £39,856 ($52,072.12).

Breedon Group Company Profile (LON:BREE)

Breedon Group plc, through its subsidiaries, engages in the quarrying, production, and sale of aggregates and related activities in England and Scotland. The company offers various aggregates, such as crushed rock, sand and gravel, decorative aggregates, agricultural lime, high polished stone value, granular mineral fillers, recycled aggregates, and white limestone products for use in the construction market.

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