1
BDEV PLC stock price: The stock price has been in a consolidation since April 2022.
2
The management is focused on cash rather than growth, as the income statement and balance sheet reveal.
3
The current price has broken the resistance level, see whether it will sustain above it.
The UK-based housebuilding company has declared an increased dividend of £0.23, which will be paid on 3rd November. This value has increased by more than two-fold compared to the previous payout in September, which was £0.10.
Furthermore, the BDEV stock has seen a 52-week low of £313 and a high of £515. The company is a small-cap stock with a market capitalization of £4.57 billion with a price-to-earnings (P/E) ratio of 8.89.
Where is the focus of management
Looking at the income statement, the company is more focused on acquiring cash than investing in its growth. Barratt Developments PLC has made a revenue growth of just 1.02% in 2022 by keeping th
We współpracy z: https://www.thecoinrepublic.com/2023/09/26/bdev-stock-price-analysis-dividends-increased-and-bears-decreased/
