The Berkeley Group (LON:BKG) Sets New 12-Month Low – What’s Next?

The Berkeley Group Holdings plc (LON:BKG)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 4,236 ($54.51) and last traded at GBX 4,236 ($54.51), with a volume of 1464132 shares. The stock had previously closed at GBX 4,282 ($55.10).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 5,000 ($64.34) target price on shares of The Berkeley Group in a report on Wednesday, October 23rd.

The Berkeley Group Price Performance

The company has a quick ratio of 0.57, a current ratio of 3.39 and a debt-to-equity ratio of 18.66. The stock has a market capitalization of £4.36 billion, a PE ratio of 1,105.45, a P/E/G ratio of -0.87 and a beta of 1.22. The stock’s 50-day moving average is GBX 4,785.57 and its 200 day moving average is GBX 4,912.91.

Insider Activity

In related news, insider William Jackson acquired 11,054 shares of the stock in a transaction dated Thursday, October 31st. The shares were acquired at an average price of GBX 4,370 ($56.23) per share, with a total value of £483,059.80 ($621,618.58). In related news, insider William Jackson acquired 11,054 shares of the stock in a transaction dated Thursday, October 31st. The shares were acquired at an average price of GBX 4,370 ($56.23) per share, for a total transaction of £483,059.80 ($621,618.58). Also, insider Robert C. G. Perrins sold 200,000 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of GBX 5,248 ($67.53), for a total value of £10,496,000 ($13,506,627.20). 4.84% of the stock is owned by insiders.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.