Wickes Group (LON:WIX) Shares Up 16.3% – Still a Buy?

Wickes Group plc (LON:WIX)’s stock price shot up 16.3% on Tuesday . The company traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.22). 4,107,257 shares were traded during mid-day trading, an increase of 229% from the average session volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Up 16.3 %

The business has a 50-day simple moving average of GBX 150.66 and a two-hundred day simple moving average of GBX 156.34. The stock has a market capitalization of £422.49 million, a P/E ratio of 1,485.00, a PEG ratio of 0.79 and a beta of 0.78. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 454.31.

Wickes Group Company Profile

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.