Wickes Group (LON:WIX) Trading Up 11.5% – Still a Buy?

Wickes Group plc (LON:WIX) shares rose 11.5% during trading on Tuesday . The company traded as high as GBX 172 ($2.14) and last traded at GBX 170.75 ($2.13). Approximately 1,103,794 shares changed hands during trading, an increase of 1% from the average daily volume of 1,091,040 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Trading Up 3.0 %

The company has a 50 day simple moving average of GBX 151.75 and a two-hundred day simple moving average of GBX 156.71. 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 firm has a market cap of £424.63 million, a PE ratio of 1,492.50, a P/E/G ratio of 0.79 and a beta of 0.78.

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.