Wickes Group (LON:WIX) Stock Price Up 10.1% – Here’s What Happened

Wickes Group plc (LON:WIX) rose 10.1% on Tuesday . The company traded as high as GBX 172 ($2.14) and last traded at GBX 168.60 ($2.10). Approximately 414,397 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 1,054,756 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Performance

The stock’s 50 day moving average is GBX 151.75 and its two-hundred day moving average is GBX 156.71. The stock has a market capitalization of £426.21 million, a price-to-earnings ratio of 1,498.07, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 454.31.

About Wickes Group

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.