Brooks Macdonald Group (LON:BRK) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Brooks Macdonald Group plc (LON:BRK)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,858.60 ($23.36) and traded as low as GBX 1,645 ($20.67). Brooks Macdonald Group shares last traded at GBX 1,655 ($20.80), with a volume of 7,362 shares trading hands.

Analyst Upgrades and Downgrades

BRK has been the subject of several research reports. Shore Capital reiterated a “hold” rating on shares of Brooks Macdonald Group in a research note on Wednesday, October 16th. Royal Bank of Canada reiterated a “sector perform” rating and set a GBX 2,150 ($27.02) price target on shares of Brooks Macdonald Group in a research report on Monday, September 16th.

Brooks Macdonald Group Trading Up 0.3 %

The stock has a market capitalization of £265.63 million, a PE ratio of 4,243.59, a P/E/G ratio of 0.85 and a beta of 0.80. The company’s 50 day moving average price is GBX 1,660.63 and its two-hundred day moving average price is GBX 1,858.60. The company has a debt-to-equity ratio of 2.50, a current ratio of 2.29 and a quick ratio of 2.43.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.