CRH PLC Raised to “Hold” at Numis Securities Ltd (CRH)
CRH PLC (NYSE:CRH) traded down 3.31% on Wednesday, hitting $23.06. The stock had a trading volume of 696,220 shares. CRH PLC has a 52-week low of $20.56 and a 52-week high of $30.06. The stock has a 50-day moving average of $24.69 and a 200-day moving average of $27.2. The company’s market cap is $16.908 billion. CRH PLC also was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 337,360 shares, a decrease of 67.7% from the July 15th total of 1,043,641 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 393,643 shares, the days-to-cover ratio is presently 0.9 days.
A number of other analysts have also recently weighed in on CRH. Analysts at Liberum Capital reiterated a “hold” rating on shares of CRH PLC in a research note on Tuesday. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Monday, August 4th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Friday, July 25th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold”.
CRH plc is a diversified building materials company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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