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Breedon Group (LON:BREE) Stock Price Passes Below 200-Day Moving Average - Here's Why

Breedon Group logo with Basic Materials background
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Breedon Group plc (LON:BREE - Get Free Report)'s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 432.61 ($5.45) and traded as low as GBX 429.90 ($5.42). Breedon Group shares last traded at GBX 445 ($5.61), with a volume of 988,900 shares.

Analyst Ratings Changes

Several research firms have commented on BREE. Royal Bank of Canada restated an "outperform" rating and issued a GBX 575 ($7.25) price target on shares of Breedon Group in a report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 520 ($6.55) target price on shares of Breedon Group in a research report on Friday, November 22nd.

Check Out Our Latest Report on Breedon Group

Breedon Group Price Performance

The stock's 50-day moving average is GBX 434.74 and its 200-day moving average is GBX 433.66. The stock has a market cap of £1.51 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86.

Breedon Group Company Profile

(Get Free Report)

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.

See Also

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