The Berkeley Group (LON:BKG) Sets New 1-Year Low - What's Next?

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as GBX 3,820 ($47.79) and last traded at GBX 3,860 ($48.29), with a volume of 932461 shares. The stock had previously closed at GBX 3,852 ($48.19).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their target price on shares of The Berkeley Group from GBX 5,000 ($62.55) to GBX 4,700 ($58.80) and set a "neutral" rating on the stock in a report on Thursday, December 5th.

The Berkeley Group Stock Performance

The firm has a market capitalization of £3.92 billion, a P/E ratio of 997.00, a P/E/G ratio of -0.87 and a beta of 1.22. The stock has a fifty day simple moving average of GBX 4,186.95 and a two-hundred day simple moving average of GBX 4,656.16. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57.

Insider Activity

In other news, insider William Jackson purchased 11,054 shares of the company's stock in a transaction that occurred on Thursday, October 31st. The shares were acquired at an average cost of GBX 4,370 ($54.67) per share, with a total value of £483,059.80 ($604,353.56). 4.84% of the stock is currently owned by company insiders.

About The Berkeley Group

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.