Ferguson (LON:FERG) Shares Down 1.1% – What’s Next?

Ferguson plc (LON:FERG) shares were down 1.1% on Tuesday . The stock traded as low as £173.30 and last traded at £173.80. 13,591 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 41,796 shares. The stock had previously closed at £175.80.

Ferguson Stock Performance

The company has a market capitalization of £34.97 billion, a P/E ratio of 17.75, a P/E/G ratio of 2.57 and a beta of 1.20. The company has a debt-to-equity ratio of 103.52, a current ratio of 1.78 and a quick ratio of 0.83. The stock’s 50 day simple moving average is £178.77 and its two-hundred day simple moving average is £178.65.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. In addition, it supplies pipes, valves, fittings, plumbing supplies, water and wastewater treatment products, and refrigeration products under Wolseley brand name.