Ferguson (LON:FERG) Sets New 52-Week High - Here's Why

Key Points

• Ferguson plc shares reached a new 52-week high of £184 ($246.65) during trading, marking a significant increase from the previous close of £180 ($241.29).
• The company's market capitalization is reported at £36.93 billion, with a price-to-earnings ratio of 19.74 and a beta of 1.21.
• Ferguson is primarily focused on distributing plumbing and heating products in the U.S. and Canada, serving various end markets including residential and commercial sectors.

Shares of Ferguson plc (LON:FERG - ) hit a new 52-week high during trading on Tuesday . The company traded as high as £184 ($246.65) and last traded at £184 ($246.65), with a volume of 25843 shares trading hands. The stock had previously closed at £180 ($241.29).

Ferguson Price Performance

The firm has a market capitalization of £36.93 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.57 and a beta of 1.21. The company has a current ratio of 1.68, a quick ratio of 0.83 and a debt-to-equity ratio of 82.79. The business has a 50-day moving average price of £171.10 and a two-hundred day moving average price of £155.16.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.

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