Ibstock plc (LON:IBST - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 150 ($2.02) and last traded at GBX 151.95 ($2.05), with a volume of 25472 shares changing hands. The stock had previously closed at GBX 151 ($2.03).
Analyst Ratings Changes
A number of research analysts have commented on IBST shares. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 200 ($2.69) target price on shares of Ibstock in a research report on Monday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Ibstock from GBX 225 ($3.03) to GBX 240 ($3.23) and gave the stock a "buy" rating in a report on Thursday, February 20th.
View Our Latest Report on IBST
Ibstock Price Performance
The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The stock has a market cap of £600.22 million, a PE ratio of 82.47, a P/E/G ratio of 0.47 and a beta of 1.34. The company has a fifty day moving average of GBX 181.67 and a 200-day moving average of GBX 174.59.
Insider Buying and Selling at Ibstock
In other Ibstock news, insider Joe Hudson sold 139,886 shares of the stock in a transaction that occurred on Wednesday, April 30th. The shares were sold at an average price of GBX 176 ($2.37), for a total transaction of £246,199.36 ($331,536.98). 0.35% of the stock is currently owned by corporate insiders.
About Ibstock
(
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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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