Wickes Group (LON:WIX) Trading Up 16.3% – Still a Buy?

Shares of Wickes Group plc (LON:WIX) rose 16.3% during mid-day trading on Tuesday . The company traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.21). Approximately 4,107,257 shares traded 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 market cap of £427.00 million, a P/E ratio of 1,500.83, a PEG ratio of 0.79 and a beta of 0.78. 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 50 day moving average price of GBX 152.38 and a 200-day moving average price of 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.