Michelmersh Brick Holdings plc (LON:MBH - Get Free Report)'s share price shot up 1% during mid-day trading on Friday . The stock traded as high as GBX 103.20 ($1.30) and last traded at GBX 102 ($1.29). 119,550 shares were traded during trading, a decline of 43% from the average session volume of 209,725 shares. The stock had previously closed at GBX 101 ($1.27).
Analysts Set New Price Targets
MBH has been the topic of several research reports. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 170 ($2.15) price objective on shares of Michelmersh Brick in a report on Friday, November 22nd. Berenberg Bank reduced their target price on shares of Michelmersh Brick from GBX 180 ($2.27) to GBX 170 ($2.15) and set a "buy" rating for the company in a report on Tuesday, September 3rd.
Check Out Our Latest Research Report on MBH
Michelmersh Brick Stock Performance
The company has a current ratio of 2.13, a quick ratio of 1.56 and a debt-to-equity ratio of 2.05. The company has a market cap of £95.55 million, a P/E ratio of 1,275.00 and a beta of 1.01. The company has a 50 day moving average price of GBX 101.16 and a 200-day moving average price of GBX 100.
About Michelmersh Brick
(
Get Free Report)
Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton brand; prefabricated brick components under the FabSpeed brand; various bricks under the Floren.be brand; and clamp-fired stock facing bricks in various colours and textural finishes under the Freshfield Lane brand.
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