CRH (LON:CRH) Share Price Passes Above 200 Day Moving Average of $3,717.13

CRH plc (LON:CRH – Get Rating) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,717.13 ($46.23) and traded as high as GBX 3,909 ($48.62). CRH shares last traded at GBX 3,887 ($48.35), with a volume of 871,815 shares traded.

Analyst Ratings Changes

Separately, Jefferies Financial Group lifted their price target on shares of CRH from GBX 4,435 ($55.16) to GBX 4,545 ($56.53) and gave the stock a “buy” rating in a research report on Monday, January 30th.

CRH Trading Up 0.9 %

The company has a quick ratio of 1.37, a current ratio of 1.66 and a debt-to-equity ratio of 49.62. The business’s fifty day moving average is GBX 3,939.91 and its 200 day moving average is GBX 3,718.35. The firm has a market capitalization of £28.90 billion, a price-to-earnings ratio of 1,373.43, a price-to-earnings-growth ratio of 2.51 and a beta of 0.86.

CRH Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 4th. Investors of record on Thursday, March 16th were issued a dividend of $1.03 per share. This represents a dividend yield of 2.16%. This is a positive change from CRH’s previous dividend of $0.24. The ex-dividend date was Thursday, March 16th. CRH’s dividend payout ratio (DPR) is presently 3,601.40%.

Insider Buying and Selling

In related news, insider Christina Verchere acquired 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 4th. The shares were acquired at an average cost of GBX 3,824 ($47.56) per share, for a total transaction of £38,240 ($47,562.19). 0.44% of the stock is currently owned by company insiders.

CRH Company Profile

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CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, blocks and kerbs, retaining walls, and related patio products; and glass and glazing products, including architectural glass, custom-engineered curtain and window walls, architectural windows, storefront systems, doors, skylights, and architectural hardware.