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Wickes Group (LON:WIX) Trading 16.3% Higher - Here's What Happened

Wickes Group logo with Consumer Cyclical background

Shares of Wickes Group plc (LON:WIX - Get Free Report) rose 16.3% during mid-day trading on Wednesday . The company traded as high as GBX 178.60 ($2.21) and last traded at GBX 178.20 ($2.21). Approximately 4,107,257 shares changed hands during trading, an increase of 229% from the average daily volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.90).

Wickes Group Price Performance

The stock has a market cap of £405.71 million, a price-to-earnings ratio of 1,426.00, a P/E/G ratio of 0.79 and a beta of 0.78. The company has a 50 day simple moving average of GBX 152.81 and a 200-day simple moving average of GBX 157.17. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 454.31.

Wickes Group Company Profile

(Get Free Report)

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.

Further Reading

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