Shares of Ibstock plc (LON:IBST - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as GBX 143 ($1.94) and last traded at GBX 144.80 ($1.97), with a volume of 276361 shares traded. The stock had previously closed at GBX 144.41 ($1.96).
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a "hold" rating and set a GBX 200 ($2.72) target price on shares of Ibstock in a research note on Monday, June 16th.
Check Out Our Latest Report on Ibstock
Ibstock Stock Up 0.7%
The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 46.91. The stock has a market capitalization of £602.84 million, a price-to-earnings ratio of 82.83, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34. The business's 50-day moving average is GBX 174.36 and its two-hundred day moving average is GBX 170.99.
Insider Activity
In other news, insider Joe Hudson sold 139,886 shares of the business's stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of GBX 176 ($2.39), for a total value of £246,199.36 ($334,600.92). Also, insider Richard Akers purchased 100,000 shares of Ibstock stock in a transaction dated Thursday, June 19th. The stock was bought at an average cost of GBX 155 ($2.11) per share, for a total transaction of £155,000 ($210,655.07). Insiders own 0.35% of the company's stock.
Ibstock Company Profile
(
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Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.
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