Wickes Group (LON:WIX) Stock Price Up 16.3% – Should You Buy?

Wickes Group plc (LON:WIX) shot up 16.3% during trading on Tuesday . The company traded as high as GBX 178.60 ($2.22) and last traded at GBX 178.20 ($2.22). 4,107,257 shares were traded during trading, an increase of 229% from the average session volume of 1,249,117 shares. The stock had previously closed at GBX 153.20 ($1.91).

Wickes Group Stock Performance

The company has a debt-to-equity ratio of 454.31, a current ratio of 1.10 and a quick ratio of 0.58. The stock has a market capitalization of £422.49 million, a P/E ratio of 1,485.00, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The company has a fifty day moving average of GBX 150.66 and a two-hundred day moving average of GBX 156.34.

Wickes Group Company Profile

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.