Wickes Group (LON:WIX) Shares Up 16.3% – Here’s Why

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

Wickes Group Trading Up 3.6 %

The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 454.31. The company has a market cap of £427.00 million, a price-to-earnings ratio of 1,500.83, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The firm has a 50-day moving average price of GBX 152.38 and a 200 day moving average price of GBX 156.87.

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.