Ferguson (LON:FERG) Shares Down 0.7% - What's Next?

Key Points

• Ferguson plc's stock price decreased by 0.7% to £172.02 ($232.28), with a notable drop in trading volume, falling 94% from its average.
• The company has a market capitalization of £34.52 billion and a significant P/E ratio of 2,147.62, indicating potential concerns about profitability.
• Ferguson specializes in distributing plumbing and heating products primarily in the United States and Canada, catering to various markets including residential and industrial.

Ferguson plc (LON:FERG - Get Free Report) shares dropped 0.7% during trading on Friday . The stock traded as low as £171.40 ($229.57) and last traded at £172.02 ($230.41). Approximately 8,716 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 153,030 shares. The stock had previously closed at £173.20 ($231.98).

Ferguson Stock Up 0.5%

The firm has a fifty day moving average price of £166.84 and a 200 day moving average price of £145.34. The firm has a market capitalization of £34.32 billion, a price-to-earnings ratio of 2,134.83, a PEG ratio of 2.57 and a beta of 1.21. The company has a debt-to-equity ratio of 82.79, a quick ratio of 0.83 and a current ratio of 1.68.

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.