Grafton Group (LON:GFTU) Reaches New 12-Month Low – Here’s Why

Grafton Group plc (LON:GFTU) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 876.10 ($10.70) and last traded at GBX 881.05 ($10.76), with a volume of 390083 shares changing hands. The stock had previously closed at GBX 927.40 ($11.32).

Grafton Group Price Performance

The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. The firm has a market capitalization of £1.75 billion, a P/E ratio of 1,056.51, a PEG ratio of 1.58 and a beta of 1.60. The company’s 50 day moving average price is GBX 956.57 and its 200 day moving average price is GBX 998.66.

Insiders Place Their Bets

In other Grafton Group news, insider David Arnold sold 30,000 shares of Grafton Group stock in a transaction dated Monday, November 4th. The stock was sold at an average price of GBX 1,018 ($12.43), for a total transaction of £305,400 ($372,893.77). Company insiders own 11.45% of the company’s stock.

About Grafton Group

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.