Michelmersh Brick Holdings plc (LON:MBH - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 102.67 ($1.32) and traded as high as GBX 106 ($1.36). Michelmersh Brick shares last traded at GBX 105 ($1.35), with a volume of 89,860 shares traded.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 170 ($2.19) target price on shares of Michelmersh Brick in a research report on Friday, November 22nd.
Get Our Latest Stock Analysis on Michelmersh Brick
Michelmersh Brick Stock Performance
The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.56 and a current ratio of 2.13. The company's fifty day simple moving average is GBX 105.51 and its two-hundred day simple moving average is GBX 102.71. The company has a market capitalization of £95.23 million, a price-to-earnings ratio of 11.78 and a beta of 1.01.
About Michelmersh Brick
(
Get Free Report)
Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum.
Featured Articles
Before you consider Michelmersh Brick, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Michelmersh Brick wasn't on the list.
While Michelmersh Brick currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.