Brooks Macdonald Group (LON:BRK) Share Price Passes Below 200-Day Moving Average of $0.00

Brooks Macdonald Group plc (LON:BRK) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $1,840.00. Brooks Macdonald Group shares last traded at $1,877.40, with a volume of 15,810 shares traded.

A number of analysts have recently issued reports on the stock. Shore Capital reissued a “buy” rating on shares of Brooks Macdonald Group in a research report on Wednesday, July 24th. Royal Bank of Canada assumed coverage on shares of Brooks Macdonald Group in a research report on Friday, May 24th. They issued a “sector performer” rating and a GBX 1,945 ($25.41) price target for the company. Peel Hunt reissued a “buy” rating on shares of Brooks Macdonald Group in a research report on Wednesday, July 24th. Finally, Numis Securities reissued an “add” rating and issued a GBX 2,000 ($26.13) price target on shares of Brooks Macdonald Group in a research report on Thursday, April 25th.

The company has a 50-day moving average of GBX 1,943.77. The company has a market capitalization of $267.89 million and a price-to-earnings ratio of 57.83.

In related news, insider Richard Spencer sold 1,258 shares of the stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of GBX 1,952 ($25.51), for a total value of £24,556.16 ($32,086.97). Also, insider Caroline Connellan sold 1,015 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of GBX 1,955 ($25.55), for a total value of £19,843.25 ($25,928.72).

About Brooks Macdonald Group (LON:BRK)

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, charities, professional intermediaries, and trustees in the United Kingdom and internationally. It operates through Investment Management, Financial Planning, and International segments.

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