The Berkeley Group (LON:BKG) Sets New 12-Month Low - Time to Sell?

The Berkeley Group Holdings plc (LON:BKG - Get Free Report)'s share price reached a new 52-week low on Monday . The company traded as low as GBX 3,554 ($43.39) and last traded at GBX 3,566 ($43.54), with a volume of 222646 shares changing hands. The stock had previously closed at GBX 3,574 ($43.63).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered their target price on shares of The Berkeley Group from GBX 5,000 ($61.04) to GBX 4,700 ($57.38) and set a "neutral" rating on the stock in a report on Thursday, December 5th.

The Berkeley Group Stock Down 0.8 %

The stock has a fifty day simple moving average of GBX 4,108.10 and a two-hundred day simple moving average of GBX 4,615.46. The firm has a market cap of £3.62 billion, a PE ratio of 920.52, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22. The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66.

Insider Activity

In other The Berkeley Group news, insider William Jackson purchased 11,054 shares of the stock in a transaction on Thursday, October 31st. The shares were purchased at an average price of GBX 4,370 ($53.35) per share, with a total value of £483,059.80 ($589,744.60). 4.84% of the stock is owned by company insiders.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England. Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people's lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.