Breedon Group (LON:BREE) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Posted by Amber O'Connor on Jan 9th, 2025

Breedon Group plc (LON:BREE – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 425.43 ($5.23) and traded as low as GBX 423 ($5.20). Breedon Group shares last traded at GBX 425.50 ($5.24), with a volume of 886,328 shares traded.

Analyst Ratings Changes

BREE has been the subject of several recent analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a GBX 575 ($7.08) target price on shares of Breedon Group in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 520 ($6.40) price objective on shares of Breedon Group in a research report on Friday, November 22nd.

Read Our Latest Stock Report on Breedon Group

Breedon Group Stock Performance

The company has a debt-to-equity ratio of 44.85, a current ratio of 1.44 and a quick ratio of 1.12. The company has a market capitalization of £1.43 billion, a price-to-earnings ratio of 1,484.36, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The firm has a fifty day simple moving average of GBX 450.49 and a 200 day simple moving average of GBX 425.35.

Insider Activity at Breedon Group

In other news, insider Clive Watson purchased 261 shares of the stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average cost of GBX 457 ($5.62) per share, with a total value of £1,192.77 ($1,467.66). 23.90% of the stock is owned by corporate insiders.

Breedon Group Company Profile

(Get Free Report)

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.