Brooks Macdonald Group (LON:BRK) Stock Crosses Below 200 Day Moving Average – Here’s Why

Posted by Caroline Horne on Dec 13th, 2024

Brooks Macdonald Group plc (LON:BRK – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,874.73 ($23.76) and traded as low as GBX 1,520 ($19.27). Brooks Macdonald Group shares last traded at GBX 1,580 ($20.03), with a volume of 11,117 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BRK. Shore Capital reissued a “hold” rating on shares of Brooks Macdonald Group in a research note on Wednesday, October 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 2,150 ($27.25) price target on shares of Brooks Macdonald Group in a research report on Monday, September 16th.

Read Our Latest Stock Report on Brooks Macdonald Group

Brooks Macdonald Group Trading Up 2.2 %

The business’s 50-day moving average is GBX 1,682.53 and its two-hundred day moving average is GBX 1,874.73. The company has a current ratio of 2.29, a quick ratio of 2.43 and a debt-to-equity ratio of 2.50. The stock has a market capitalization of £259.08 million, a PE ratio of 4,051.28, a PEG ratio of 0.85 and a beta of 0.80.

Brooks Macdonald Group Company Profile

(Get Free Report)

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.