Wickes Group (LON:WIX) Trading Up 14% – Still a Buy?

Shares of Wickes Group plc (LON:WIX) rose 14% during trading on Tuesday . The company traded as high as GBX 175 ($2.18) and last traded at GBX 174.60 ($2.17). Approximately 1,811,320 shares traded hands during trading, an increase of 61% from the average daily volume of 1,128,278 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Trading Up 16.3 %

The company has a debt-to-equity ratio of 454.31, a current ratio of 1.10 and a quick ratio of 0.58. The firm has a market cap 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’s 50 day moving average is GBX 150.66 and its two-hundred day moving average is GBX 156.34.

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.