Brooks Macdonald Group (LON:BRK) Shares Pass Below 200-Day Moving Average – Here’s Why

Shares of Brooks Macdonald Group plc (LON:BRK) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,517.16 and traded as low as GBX 1,325. Brooks Macdonald Group shares last traded at GBX 1,325, with a volume of 8,552 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 1,750 price target on shares of Brooks Macdonald Group in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,800.

Brooks Macdonald Group Stock Down 1.9%

The company has a 50 day moving average price of GBX 1,387.19 and a two-hundred day moving average price of GBX 1,517.16. The company has a debt-to-equity ratio of 18.64, a current ratio of 71.82 and a quick ratio of 2.43. The stock has a market cap of £204.69 million, a PE ratio of 13.29, a PEG ratio of 0.85 and a beta of 0.77.

Insider Buying and Selling at Brooks Macdonald Group

In other news, insider Maarten Slendebroek acquired 6,800 shares of Brooks Macdonald Group stock in a transaction that occurred on Friday, April 17th. The stock was bought at an average price of GBX 1,450 per share, for a total transaction of £98,600. 10.05% of the stock is owned by corporate insiders.

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. The company offers financial planning advisory services to high-net-worth individuals and families; and multi-asset and specialist fund products to the retail sector, as well as investment options.