Shares of James Hardie Industries plc (NYSE:JHX) reached a new 52-week high on Thursday . The company traded as high as $35.55 and last traded at $35.34, with a volume of 75278 shares changing hands. The stock had previously closed at $35.14.
A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of James Hardie Industries from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Thursday, May 20th. TheStreet raised shares of James Hardie Industries from a “c+” rating to an “a-” rating in a research note on Thursday, June 10th.
The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.80 and a current ratio of 1.05. The company has a market cap of $15.70 billion, a PE ratio of 59.65 and a beta of 1.27. The firm’s fifty day moving average price is $33.59.
About James Hardie Industries (NYSE:JHX)
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada.
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