CRH (CRH) Hits New 52-Week Low at $25.39

Share on StockTwits

Crh Plc (NYSE:CRH) reached a new 52-week low on Thursday . The company traded as low as $25.39 and last traded at $25.99, with a volume of 135031 shares changing hands. The stock had previously closed at $26.83.

CRH has been the subject of a number of recent research reports. Bank of America reissued a “buy” rating on shares of CRH in a research note on Friday, August 31st. Exane BNP Paribas lowered CRH from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 14th. BNP Paribas reissued a “neutral” rating on shares of CRH in a research note on Wednesday, November 14th. Goldman Sachs Group reissued a “buy” rating and issued a $35.00 target price on shares of CRH in a research note on Tuesday, November 20th. Finally, Cfra reissued a “buy” rating on shares of CRH in a research note on Wednesday, November 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. CRH presently has a consensus rating of “Hold” and a consensus target price of $37.33.

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 0.93.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRH. FMR LLC raised its position in CRH by 4.6% during the 2nd quarter. FMR LLC now owns 11,025,282 shares of the construction company’s stock valued at $389,744,000 after purchasing an additional 489,009 shares during the last quarter. Jane Street Group LLC bought a new position in CRH during the 3rd quarter valued at approximately $15,553,000. Deutsche Bank AG raised its position in CRH by 551,608.5% during the 3rd quarter. Deutsche Bank AG now owns 452,401 shares of the construction company’s stock valued at $14,801,000 after purchasing an additional 452,319 shares during the last quarter. Bank of New York Mellon Corp raised its position in CRH by 190.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 509,923 shares of the construction company’s stock valued at $16,685,000 after purchasing an additional 334,092 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in CRH by 2,073.7% during the 3rd quarter. Renaissance Technologies LLC now owns 289,100 shares of the construction company’s stock valued at $9,459,000 after purchasing an additional 275,800 shares during the last quarter. 4.32% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “CRH (CRH) Hits New 52-Week Low at $25.39” was reported by BBNS and is owned by of BBNS. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this piece of content can be read at https://baseballnewssource.com/2018/12/08/crh-crh-hits-new-52-week-low-at-25-39/3065191.html.

About CRH (NYSE:CRH)

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Asia. The company manufactures and supplies cement, aggregates, asphalt, lime, and readymixed concrete and concrete products; and construction accessories, network access and perimeter protection products, shutters and awnings, and architectural products.

See Also: Do stock splits help investors?

Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.