The Berkeley Group (LON:BKG) Hits New 12-Month Low – Here’s Why

The Berkeley Group Holdings plc (LON:BKG) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 3,856 ($48.51) and last traded at GBX 3,856 ($48.51), with a volume of 267804 shares changing hands. The stock had previously closed at GBX 3,877.98 ($48.79).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price objective on The Berkeley Group from GBX 5,000 ($62.90) to GBX 4,700 ($59.13) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

The Berkeley Group Stock Performance

The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The firm’s fifty day moving average price is GBX 4,297.01 and its 200 day moving average price is GBX 4,713.98. The firm has a market capitalization of £3.94 billion, a PE ratio of 1,001.56, a PEG ratio of -0.87 and a beta of 1.22.

Insider Transactions at The Berkeley Group

In other The Berkeley Group news, insider William Jackson bought 11,054 shares of the stock in a transaction on Thursday, October 31st. The shares were purchased at an average cost of GBX 4,370 ($54.98) per share, with a total value of £483,059.80 ($607,698.83). Company insiders own 4.84% of the company’s stock.

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.