Wickes Group (LON:WIX) Shares Up 1% - What's Next?

Wickes Group plc (LON:WIX - Get Free Report) was up 1% during trading on Monday . The company traded as high as GBX 155.20 ($1.94) and last traded at GBX 152.76 ($1.91). Approximately 386,569 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 247,055 shares. The stock had previously closed at GBX 151.20 ($1.89).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 180 ($2.25) price objective on shares of Wickes Group in a research note on Tuesday, September 10th.

Wickes Group Trading Down 1.8 %

The firm's 50-day simple moving average is GBX 152.01 and its 200 day simple moving average is GBX 154.88. The company has a debt-to-equity ratio of 454.31, a current ratio of 1.10 and a quick ratio of 0.58. The firm has a market capitalization of £355.42 million, a price-to-earnings ratio of 1,249.25, a P/E/G ratio of 0.79 and a beta of 0.78.

About Wickes Group

Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber. Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.