Brooks Macdonald Group (LON:BRK) Reaches New 1-Year Low – What’s Next?

Brooks Macdonald Group plc (LON:BRK)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 1,550 ($19.62) and last traded at GBX 1,560 ($19.74), with a volume of 8722 shares traded. The stock had previously closed at GBX 1,620 ($20.50).

Analysts Set New Price Targets

Several analysts have recently commented on BRK shares. Shore Capital restated a “hold” rating on shares of Brooks Macdonald Group in a research note on Wednesday, October 16th. Royal Bank of Canada restated a “sector perform” rating and set a GBX 2,150 ($27.21) target price on shares of Brooks Macdonald Group in a research report on Monday, September 16th.

Brooks Macdonald Group Trading Down 3.7 %

The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50. The stock has a market capitalization of £250.38 million, a price-to-earnings ratio of 4,153.85, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. The business has a 50 day simple moving average of GBX 1,736.03 and a 200-day simple moving average of GBX 1,898.86.

Brooks Macdonald Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Thursday, September 19th were given a GBX 49 ($0.62) dividend. This is a positive change from Brooks Macdonald Group’s previous dividend of $29.00. This represents a dividend yield of 2.59%. The ex-dividend date was Thursday, September 19th. Brooks Macdonald Group’s dividend payout ratio (DPR) is 20,000.00%.

About Brooks Macdonald Group

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.