Wickes Group (LON:WIX) Stock Price Up 16.3% – Here’s What Happened

Wickes Group plc (LON:WIX) shares rose 16.3% on Tuesday . The stock traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.21). Approximately 4,107,257 shares changed hands during trading, an increase of 229% from the average daily volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.90).

Wickes Group Stock Performance

The company has a debt-to-equity ratio of 454.31, a quick ratio of 0.58 and a current ratio of 1.10. The stock has a market capitalization of £427.00 million, a PE ratio of 1,500.83, a P/E/G ratio of 0.79 and a beta of 0.78. The firm’s 50 day moving average is GBX 152.38 and its two-hundred day moving average is GBX 156.87.

About Wickes Group

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.