CRH plc (LON:CRH – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,069.45 ($35.34) and traded as high as GBX 3,219 ($37.06). CRH shares last traded at GBX 3,196 ($36.80), with a volume of 485,813 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, UBS Group restated a “buy” rating and set a GBX 4,425 ($50.95) price target on shares of CRH in a report on Friday, August 19th.
CRH Stock Down 0.5 %
The company has a debt-to-equity ratio of 52.45, a quick ratio of 1.37 and a current ratio of 1.79. The company’s fifty day moving average price is GBX 3,042.38 and its 200-day moving average price is GBX 3,069.45. The stock has a market cap of £23.82 billion and a P/E ratio of 1,011.39.
CRH Cuts Dividend
CRH Company Profile
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, blocks and kerbs, retaining walls, and related patio products; and glass and glazing products, including architectural glass, custom-engineered curtain and window walls, architectural windows, storefront systems, doors, skylights, and architectural hardware.
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