Forterra (LON:FORT) Sets New 12-Month High at $190.80

Forterra plc (LON:FORT)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 190.80 ($2.47) and last traded at GBX 187.60 ($2.43), with a volume of 652309 shares changing hands. The stock had previously closed at GBX 179.80 ($2.33).

Analyst Ratings Changes

FORT has been the topic of a number of recent research reports. Royal Bank of Canada initiated coverage on Forterra in a research report on Thursday, July 4th. They set an “outperform” rating and a GBX 210 ($2.72) price target on the stock. Berenberg Bank reissued a “hold” rating and set a GBX 170 ($2.20) price target on shares of Forterra in a research report on Tuesday, May 21st. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 162.60 ($2.11) price target on shares of Forterra in a research report on Thursday, June 27th.

Forterra Stock Down 0.4 %

The company has a debt-to-equity ratio of 64.20, a quick ratio of 0.82 and a current ratio of 1.56. The stock has a market capitalization of £389.80 million, a PE ratio of 3,120.00, a PEG ratio of 0.66 and a beta of 1.24. The business has a 50 day moving average of GBX 169.30 and a two-hundred day moving average of GBX 168.14.

About Forterra

Forterra plc engages in the manufacture and sale of building products in the United Kingdom. The company operates through three segments: Bricks, Blocks, and Bespoke Products. It offers bricks; aircrete and aggregate blocks for internal and external applications, such as foundations, floors and walls, and detailing; bespoke precast concrete products comprising jetfloor, hollowcore, beam and block, and flooring, as well as box culverts, omnia bridge decks, and retaining walls for infrastructure; and crosswall frames, stairs and landings, stadia components, and columns and beams for structural projects.