Forterra plc (LON:FORT) Insider Ben Guyatt Sells 59,298 Shares

Forterra plc (LON:FORTGet Free Report) insider Ben Guyatt sold 59,298 shares of the stock in a transaction on Thursday, March 28th. The shares were sold at an average price of GBX 173 ($2.17), for a total value of £102,585.54 ($128,779.24).

Forterra Stock Performance

Shares of LON FORT opened at GBX 163.40 ($2.05) on Thursday. The stock’s 50-day moving average is GBX 172.30 and its 200 day moving average is GBX 159.32. The company has a current ratio of 1.56, a quick ratio of 0.82 and a debt-to-equity ratio of 64.20. Forterra plc has a 1-year low of GBX 122.20 ($1.53) and a 1-year high of GBX 207.50 ($2.60). The stock has a market cap of £347.72 million, a price-to-earnings ratio of 2,723.33, a P/E/G ratio of 0.66 and a beta of 1.24.

Forterra Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 13th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date is Thursday, June 13th. This represents a dividend yield of 1.14%. Forterra’s dividend payout ratio is presently 6,666.67%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 170 ($2.13) price objective on shares of Forterra in a research note on Thursday, March 28th.

Check Out Our Latest Analysis on FORT

About Forterra

(Get Free Report)

Forterra plc manufactures and sells building products in the United Kingdom. It operates through three segments: Bricks, Blocks, and Bespoke Products. The company offers bricks; aircrete and aggregate blocks; and bespoke precast products comprising jetfloor, hollowcore, beam and block and flooring, box culverts, omnia bridge decks, and retaining walls; chimneys, roofing, and fuel system; special shaped bricks; paving; and façade system, including lightweight, brick slip cladding system, wonderwall, quickwall, and surebrick.

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