Breedon Group (LON:BREE) Stock Passes Above 200-Day Moving Average of $389.84

Breedon Group plc (LON:BREE) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 389.84 ($5.13) and traded as high as GBX 414 ($5.44). Breedon Group shares last traded at GBX 409.50 ($5.38), with a volume of 346,696 shares.

Breedon Group Price Performance

The company’s 50-day moving average price is GBX 407.94 and its two-hundred day moving average price is GBX 390.40. The company has a market cap of £1.40 billion, a P/E ratio of 1,457.14, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.85.

Breedon Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, September 26th will be issued a GBX 4.50 ($0.06) dividend. This represents a dividend yield of 1.1%. The ex-dividend date is Thursday, September 26th. Breedon Group’s dividend payout ratio (DPR) is presently 5,000.00%.

Insider Activity

In other Breedon Group news, insider Amit Bhatia acquired 1,250,000 shares of Breedon Group stock in a transaction dated Tuesday, June 11th. The stock was acquired at an average cost of GBX 385 ($5.06) per share, for a total transaction of £4,812,500 ($6,328,073.64). Company insiders own 23.91% of the company’s stock.

About Breedon Group

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.