Crh Plc (CRH) Sees Large Volume Increase
Crh Plc (NYSE:CRH) shares saw unusually-high trading volume on Friday . Approximately 1,201,826 shares traded hands during trading, an increase of 54% from the previous session’s volume of 779,798 shares.The stock last traded at $33.28 and had previously closed at $33.56.
CRH has been the topic of a number of recent analyst reports. Societe Generale downgraded Crh Plc from a “buy” rating to a “hold” rating in a research report on Friday. Zacks Investment Research downgraded Crh Plc from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. Numis Securities Ltd downgraded Crh Plc from an “add” rating to a “hold” rating in a research report on Friday. BNP Paribas reaffirmed an “outperform” rating on shares of Crh Plc in a research report on Tuesday, June 21st. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Crh Plc in a research report on Tuesday, May 31st. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $25.00.
The stock’s 50 day moving average is $30.75 and its 200 day moving average is $28.92. The company has a market capitalization of $27.34 billion and a price-to-earnings ratio of 33.04.
CRH plc manufactures and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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