Wickes Group (LON:WIX) Trading Up 13.7% – Time to Buy?

Wickes Group plc (LON:WIXGet Free Report)’s share price was up 13.7% during mid-day trading on Tuesday . The stock traded as high as GBX 178.20 ($2.21) and last traded at GBX 174.20 ($2.16). Approximately 3,636,989 shares traded hands during trading, an increase of 197% from the average daily volume of 1,224,366 shares. The stock had previously closed at GBX 153.20 ($1.90).

Wickes Group Stock Performance

The stock has a fifty day simple moving average of GBX 152.38 and a 200-day simple moving average of GBX 156.87. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 454.31. The company has a market capitalization of £427.00 million, a P/E ratio of 1,500.83, a PEG ratio of 0.79 and a beta of 0.78.

Wickes Group Company Profile

(Get Free Report)

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.

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