Ibstock (LON:IBST) Share Price Passes Below Fifty Day Moving Average of $154.49

Ibstock plc (LON:IBST)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 154.49 ($1.95) and traded as low as GBX 150 ($1.90). Ibstock shares last traded at GBX 150.70 ($1.90), with a volume of 789,870 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 150 ($1.90) price target on shares of Ibstock in a research report on Thursday, March 7th.

Ibstock Trading Down 0.6 %

The business’s 50 day moving average price is GBX 154.49 and its two-hundred day moving average price is GBX 143.86. The company has a current ratio of 1.50, a quick ratio of 1.19 and a debt-to-equity ratio of 42.09. The company has a market capitalization of £591.26 million, a price-to-earnings ratio of 3,014.00, a P/E/G ratio of 0.66 and a beta of 1.35.

Ibstock Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 9th will be paid a GBX 3.60 ($0.05) dividend. This is an increase from Ibstock’s previous dividend of $3.40. This represents a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, May 9th. Ibstock’s dividend payout ratio (DPR) is presently 14,000.00%.

Ibstock Company Profile

Ibstock plc manufactures and sells clay and concrete building products and solutions 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; retaining walls, such as stepoc, slopeloc, and keystone.