Ferguson (LON:FERG) Trading Up 0.8% - Time to Buy?

Key Points

• Ferguson plc experienced a trading increase of 0.8%, reaching a last traded price of £175.90 ($234.60) with significantly lower trading volume at about 7,814 shares, compared to an average of 137,984 shares.
• The company has a market capitalization of £35.30 billion and a notably high PE ratio of 1,887.34, indicating potential overvaluation concerns.
• Ferguson specializes in distributing plumbing and heating products across the US and Canada, serving various sectors including residential, commercial, and industrial markets.

Ferguson plc (LON:FERG - ) was up 0.8% during trading on Monday . The company traded as high as £176.20 ($235.00) and last traded at £175.90 ($234.60). Approximately 7,814 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 137,984 shares. The stock had previously closed at £174.50 ($232.73).

Ferguson Price Performance

The company has a debt-to-equity ratio of 82.79, a current ratio of 1.68 and a quick ratio of 0.83. The company has a market capitalization of £35.30 billion, a PE ratio of 1,887.34, a price-to-earnings-growth ratio of 2.57 and a beta of 1.21. The stock's 50 day simple moving average is £170 and its 200-day simple moving average is £153.20.

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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