Ibstock (LON:IBST) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Ibstock plc (LON:IBSTGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 175.50 ($2.19) and traded as low as GBX 162.80 ($2.03). Ibstock shares last traded at GBX 164.60 ($2.05), with a volume of 300,981 shares.

Ibstock Trading Down 0.9 %

The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The company has a market capitalization of £642.78 million, a price-to-earnings ratio of 8,160.00, a PEG ratio of 0.47 and a beta of 1.34. The company has a fifty day moving average of GBX 175.50 and a 200-day moving average of GBX 182.44.

Ibstock Company Profile

(Get Free Report)

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector 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; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.

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