CRH PLC Sees Significant Drop in Short Interest (CRH)
CRH PLC (NYSE:CRH) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 337,360 shares, a drop of 67.7% from the July 15th total of 1,043,641 shares, AnalystRatings.NET reports. Based on an average daily trading volume, of 393,643 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the company’s stock are short sold.
A number of analysts have recently weighed in on CRH shares. 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. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold”.
CRH PLC (NYSE:CRH) opened at 23.85 on Wednesday. CRH PLC has a 52 week low of $20.56 and a 52 week high of $30.06. The stock’s 50-day moving average is $24.69 and its 200-day moving average is $27.2. The company’s market cap is $17.487 billion.
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.
Receive News & Ratings for CRH PLC (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH PLC (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.