CRH (LON:CRH) Sets New 1-Year Low - Here's What Happened

Key Points

• CRH plc shares reached a new 52-week low at GBX 72.81 ($0.98), a significant drop from a previous close of GBX 7,110 ($96.04).
• Deutsche Bank has downgraded CRH's price target from GBX 8,993 ($121.48) to GBX 8,601 ($116.18) while maintaining a "buy" rating.
• The company currently has a market cap of £621.15 million and notable financial ratios including a P/E ratio of 0.17 and a debt-to-equity ratio of 70.88.
• CRH operates in building materials solutions across four segments, focusing on both public infrastructure and private construction projects.

CRH plc (LON:CRH - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as GBX 72.81 ($0.98) and last traded at GBX 72.81 ($0.98), with a volume of 639124 shares. The stock had previously closed at GBX 7,110 ($96.04).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of CRH from GBX 8,993 ($121.48) to GBX 8,601 ($116.18) and set a "buy" rating for the company in a report on Friday, July 18th.

CRH Stock Down 99.0%

The company has a current ratio of 1.39, a quick ratio of 1.37 and a debt-to-equity ratio of 70.88. The firm has a market cap of £621.15 million, a P/E ratio of 0.17, a PEG ratio of 1.91 and a beta of 1.38. The company's 50 day simple moving average is GBX 6,877.22 and its 200-day simple moving average is GBX 7,238.49.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

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