Wickes Group (LON:WIX) Trading Up 13.7% – Should You Buy?

Wickes Group plc (LON:WIX)’s share price rose 13.7% during trading on Tuesday . The stock traded as high as GBX 178.20 ($2.22) and last traded at GBX 174.20 ($2.17). Approximately 3,636,989 shares were traded during mid-day trading, an increase of 197% from the average daily volume of 1,224,366 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Up 16.3 %

The company has a market capitalization of £422.49 million, a price-to-earnings ratio of 1,485.00, a P/E/G ratio of 0.79 and a beta of 0.78. 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’s fifty day simple moving average is GBX 150.66 and its two-hundred day simple 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.