Free Trial

Forterra (LON:FORT) Sets New 12-Month High - Time to Buy?

Forterra logo with Basic Materials background

Shares of Forterra plc (LON:FORT - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 202.68 ($2.73) and last traded at GBX 200 ($2.70), with a volume of 1556425 shares changing hands. The stock had previously closed at GBX 198.40 ($2.68).

Forterra Trading Down 0.6%

The firm has a market capitalization of £405.01 million, a P/E ratio of 51.41, a price-to-earnings-growth ratio of 0.30 and a beta of 1.25. The stock's 50-day simple moving average is GBX 193.20 and its two-hundred day simple moving average is GBX 174.01. The company has a debt-to-equity ratio of 59.58, a current ratio of 1.79 and a quick ratio of 0.82.

Forterra Company Profile

(Get Free Report)

Forterra is a leading UK manufacturer of essential clay and concrete building products, with a unique combination of strong market positions in clay bricks, concrete blocks and precast concrete flooring. Our heritage dates back many decades and the durability, longevity and inherent sustainability of our products is evident in the construction of buildings that last for generations; wherever you are in Britain, you won't be far from a building with a Forterra product within its fabric. Our clay brick business combines our extensive secure mineral reserves with modern and efficient high-volume manufacturing processes to produce large quantities of extruded and soft mud bricks, primarily for the new build housing market.

Featured Articles

Should You Invest $1,000 in Forterra Right Now?

Before you consider Forterra, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Forterra wasn't on the list.

While Forterra currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines