Ibstock plc (LON:IBST) Insider Sells £46,633.08 in Stock

Ibstock plc (LON:IBST) insider Chris McLeish sold 29,893 shares of the business’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of GBX 156 ($1.99), for a total transaction of £46,633.08 ($59,382.50).

Ibstock Stock Performance

LON IBST opened at GBX 158 ($2.01) on Friday. The stock has a market cap of £619.90 million, a PE ratio of 3,160.00, a P/E/G ratio of 0.66 and a beta of 1.32. The company has a debt-to-equity ratio of 42.09, a quick ratio of 1.19 and a current ratio of 1.50. The firm has a 50-day moving average of GBX 154.87 and a 200-day moving average of GBX 151.41. Ibstock plc has a 52-week low of GBX 118 ($1.50) and a 52-week high of GBX 174.40 ($2.22).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 150 ($1.91) target price on shares of Ibstock in a research note on Thursday, April 25th.

About Ibstock

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.