Forterra (LON:FORT) Shares Cross Below 50-Day Moving Average – Should You Sell?

Forterra plc (LON:FORTGet Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 181.74 ($2.28) and traded as low as GBX 164.80 ($2.07). Forterra shares last traded at GBX 165 ($2.07), with a volume of 63,600 shares changing hands.

Forterra Trading Up 0.2 %

The stock has a 50-day moving average price of GBX 181.74 and a two-hundred day moving average price of GBX 175.79. The stock has a market capitalization of £341.39 million, a P/E ratio of 4,125.00, a price-to-earnings-growth ratio of 0.30 and a beta of 1.25. The company has a debt-to-equity ratio of 62.10, a quick ratio of 0.82 and a current ratio of 1.79.

Forterra Company Profile

(Get Free Report)

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.

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