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

The Berkeley Group logo with Consumer Cyclical background

Shares of The Berkeley Group Holdings plc (LON:BKG - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 4,352 ($56.65) and last traded at GBX 4,362 ($56.78), with a volume of 88180 shares traded. The stock had previously closed at GBX 4,396 ($57.22).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 5,000 ($65.09) target price on shares of The Berkeley Group in a research note on Wednesday, October 23rd.

View Our Latest Stock Analysis on BKG

The Berkeley Group Price Performance

The firm's 50-day moving average price is GBX 4,821.61 and its two-hundred day moving average price is GBX 4,916.55. The stock has a market cap of £4.35 billion, a PE ratio of 1,107.01, a PEG 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 Transactions at The Berkeley Group

In related news, insider Richard Stearn sold 3,105 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of GBX 4,720 ($61.44), for a total transaction of £146,556 ($190,778.44). In other The Berkeley Group news, insider William Jackson acquired 11,054 shares of the business's stock in a transaction dated Thursday, October 31st. The shares were purchased at an average price of GBX 4,370 ($56.89) per share, for a total transaction of £483,059.80 ($628,820.36). Also, insider Richard Stearn sold 3,105 shares of the firm's stock in a transaction on Monday, September 30th. The shares were sold at an average price of GBX 4,720 ($61.44), for a total transaction of £146,556 ($190,778.44). Corporate insiders own 4.84% of the company's stock.

The Berkeley Group Company Profile

(Get Free Report)

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.

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