The Berkeley Group Holdings plc (LON:BKG - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The company traded as low as GBX 3,880 ($48.76) and last traded at GBX 3,900 ($49.01), with a volume of 9668670 shares traded. The stock had previously closed at GBX 3,918 ($49.24).
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. dropped their target price on shares of The Berkeley Group from GBX 5,000 ($62.84) to GBX 4,700 ($59.07) and set a "neutral" rating for the company in a research note on Thursday, December 5th.
View Our Latest Research Report on BKG
The Berkeley Group Price Performance
The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The company has a market capitalization of £3.99 billion, a price-to-earnings ratio of 1,014.03, a PEG ratio of -0.87 and a beta of 1.22. The company has a 50 day moving average price of GBX 4,395.69 and a 200 day moving average price of GBX 4,776.97.
Insiders Place Their Bets
In other The Berkeley Group news, insider Richard Stearn sold 3,105 shares of The Berkeley Group stock in a transaction on Monday, September 30th. The shares were sold at an average price of GBX 4,720 ($59.32), for a total transaction of £146,556 ($184,184.99). Also, insider William Jackson purchased 11,054 shares of the business's stock in a transaction dated Thursday, October 31st. The stock was bought at an average cost of GBX 4,370 ($54.92) per share, for a total transaction of £483,059.80 ($607,087.85). Company insiders own 4.84% of the company's stock.
About The Berkeley Group
(
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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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