Forterra plc (LON:FORT) Plans Dividend of GBX 1

Forterra plc (LON:FORT) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 19th will be given a dividend of GBX 1 ($0.01) per share on Friday, October 11th. This represents a dividend yield of 0.55%. The ex-dividend date is Thursday, September 19th. The official announcement can be viewed at this link.

Forterra Stock Down 5.7 %

Shares of FORT traded down GBX 10.40 ($0.13) during midday trading on Tuesday, reaching GBX 171.80 ($2.21). 1,753,073 shares of the stock were exchanged, compared to its average volume of 389,906. Forterra has a 52 week low of GBX 122.20 ($1.57) and a 52 week high of GBX 194.40 ($2.50). The company has a current ratio of 1.56, a quick ratio of 0.82 and a debt-to-equity ratio of 64.20. The company’s 50 day moving average is GBX 171.03 and its two-hundred day moving average is GBX 169.07. The company has a market capitalization of £355.45 million, a P/E ratio of 2,900.00, a PEG ratio of 0.66 and a beta of 1.24.

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 ($2.70) price objective on the stock. Jefferies Financial Group restated a “hold” rating and issued a GBX 162.60 ($2.09) price objective on shares of Forterra in a research note on Thursday, June 27th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 170 ($2.19) price objective on shares of Forterra in a research note on Tuesday, May 21st.

Forterra Company Profile

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.