The Berkeley Group (LON:BKG) Sets New 1-Year Low – What’s Next?

Shares of The Berkeley Group Holdings plc (LON:BKG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 3,554 ($43.39) and last traded at GBX 3,566 ($43.54), with a volume of 222646 shares trading hands. The stock had previously closed at GBX 3,574 ($43.63).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered their price target on The Berkeley Group from GBX 5,000 ($61.04) to GBX 4,700 ($57.38) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

The Berkeley Group Trading Up 2.2 %

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 business has a 50 day moving average price of GBX 4,063.42 and a 200 day moving average price of GBX 4,596.98. The company has a market capitalization of £3.61 billion, a P/E ratio of 918.96, a PEG ratio of -0.87 and a beta of 1.22.

Insider Activity at The Berkeley Group

In other The Berkeley Group news, insider William Jackson acquired 11,054 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was acquired at an average cost of GBX 4,370 ($53.35) per share, for a total transaction of £483,059.80 ($589,744.60). 4.84% of the stock is owned by insiders.

About The Berkeley Group

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.