CRH (LON:CRH) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

CRH plc (LON:CRHGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 6,663.78 and traded as low as GBX 114.36. CRH shares last traded at GBX 114.91, with a volume of 5,649,529 shares.

Analyst Ratings Changes

A number of equities analysts recently commented on CRH shares. Jefferies Financial Group reaffirmed a “buy” rating and set a £108.14 price target on shares of CRH in a research report on Thursday, April 9th. JPMorgan Chase & Co. lowered their price target on shares of CRH from £104.30 to £103.66 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of £105.22.

Check Out Our Latest Stock Analysis on CRH

CRH Stock Performance

The firm’s fifty day simple moving average is GBX 2,444.82 and its 200 day simple moving average is GBX 6,617.98. The stock has a market capitalization of £768.04 million, a P/E ratio of 0.21, a price-to-earnings-growth ratio of 1.91 and a beta of 1.24. The company has a debt-to-equity ratio of 82.09, a quick ratio of 1.37 and a current ratio of 1.74.

CRH Company Profile

(Get Free Report)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

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