Grafton Group (LON:GFTU) Hits New 12-Month High at $1,044.80

Shares of Grafton Group plc (LON:GFTU) reached a new 52-week high on Friday . The stock traded as high as GBX 1,044.80 ($13.51) and last traded at GBX 1,042 ($13.48), with a volume of 69383 shares traded. The stock had previously closed at GBX 1,014.80 ($13.12).

Analysts Set New Price Targets

Separately, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 1,140 ($14.74) price target on shares of Grafton Group in a report on Friday, May 3rd.

Grafton Group Trading Up 2.7 %

The firm has a market cap of £2.09 billion, a PE ratio of 1,188.33, a PEG ratio of 1.58 and a beta of 1.51. The firm has a fifty day simple moving average of GBX 979.84 and a two-hundred day simple moving average of GBX 967.52. The company has a current ratio of 2.46, a quick ratio of 1.56 and a debt-to-equity ratio of 38.24.

Insider Buying and Selling

In other Grafton Group news, insider David Arnold sold 12,000 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of GBX 952 ($12.31), for a total transaction of £114,240 ($147,749.61). 11.38% of the stock is currently owned by insiders.

Grafton Group Company Profile

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.