Ferguson (LON:FERG) Shares Up 1% - Still a Buy?

Key Points

• Ferguson plc's stock rose by 1% during mid-day trading, reaching a high of £171.10 ($231.25), with a last traded price of £170.50 ($230.44).
• Trading volume dramatically decreased, with only 11,827 shares exchanged, a 92% drop from the average session volume of 146,589 shares.
• The company, with a market capitalization of £34.22 billion, distributes plumbing and heating products across the United States and Canada, catering to various end markets including residential and commercial sectors.

Ferguson plc (LON:FERG - )'s stock price shot up 1% during mid-day trading on Monday . The stock traded as high as £171.10 ($231.25) and last traded at £170.50 ($230.44). 11,827 shares were traded during trading, a decline of 92% from the average session volume of 146,589 shares. The stock had previously closed at £168.80 ($228.14).

Ferguson Stock Up 1.0%

The company has a 50-day moving average of £168.47 and a 200-day moving average of £148.33. The company has a market capitalization of £34.22 billion, a price-to-earnings ratio of 2,128.59, a price-to-earnings-growth 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.

Ferguson Company Profile

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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