The Berkeley Group (LON:BKG) Hits New 52-Week Low - Here's Why

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 3,856 ($48.38) and last traded at GBX 3,856 ($48.38), with a volume of 267804 shares changing hands. The stock had previously closed at GBX 3,877.98 ($48.66).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered their target price on shares of The Berkeley Group from GBX 5,000 ($62.74) to GBX 4,700 ($58.97) and set a "neutral" rating for the company in a research note on Thursday, December 5th.

The Berkeley Group Stock Performance

The firm has a 50 day moving average of GBX 4,280.34 and a two-hundred day moving average of GBX 4,704.29. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The stock has a market cap of £3.95 billion, a PE ratio of 1,003.76, a PEG ratio of -0.87 and a beta of 1.22.

Insider Buying and Selling at The Berkeley Group

In other The Berkeley Group news, insider William Jackson bought 11,054 shares of the business's stock in a transaction dated Thursday, October 31st. The shares were acquired at an average cost of GBX 4,370 ($54.83) per share, with a total value of £483,059.80 ($606,097.62). 4.84% of the stock is currently owned by 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.