Brooks Macdonald Group (LON:BRK) Stock Passes Above 200 Day Moving Average – Should You Sell?

Brooks Macdonald Group plc (LON:BRK) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,516.98 ($20.56) and traded as high as GBX 1,670 ($22.64). Brooks Macdonald Group shares last traded at GBX 1,650 ($22.37), with a volume of 229,711 shares changing hands.

Brooks Macdonald Group Trading Up 1.2%

The firm’s 50 day simple moving average is GBX 1,495.57 and its two-hundred day simple moving average is GBX 1,516.98. The stock has a market capitalization of £268.21 million, a P/E ratio of 41.46, a P/E/G ratio of 0.85 and a beta of 0.80. The company has a quick ratio of 2.43, a current ratio of 2.29 and a debt-to-equity ratio of 2.50.

Insider Activity

In other news, insider Katherine Jones bought 1,224 shares of the business’s stock in a transaction that occurred on Tuesday, March 18th. The shares were bought at an average cost of GBX 1,470 ($19.93) per share, for a total transaction of £17,992.80 ($24,390.40). 11.90% of the stock is currently owned by company insiders.

Brooks Macdonald Group Company Profile

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.