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

Shares of Brooks Macdonald Group plc (LON:BRK) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,500.97 and traded as low as GBX 1,250. Brooks Macdonald Group shares last traded at GBX 1,250, with a volume of 12,041 shares traded.

Wall Street Analysts Forecast Growth

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

Brooks Macdonald Group Price Performance

The company has a debt-to-equity ratio of 18.64, a quick ratio of 2.43 and a current ratio of 71.82. The stock’s 50-day moving average is GBX 1,373.89 and its two-hundred day moving average is GBX 1,500.97. The stock has a market cap of £193.10 million, a PE ratio of 12.54, a PEG ratio of 0.85 and a beta of 0.75.

Insider Buying and Selling

In other news, insider Maarten Slendebroek purchased 6,800 shares of the stock in a transaction dated Friday, April 17th. The stock was acquired at an average cost of GBX 1,450 per share, for a total transaction of £98,600. 10.05% of the stock is owned by company 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.