CRH (LON:CRH) Stock Price Passes Above 200 Day Moving Average – Here’s Why

CRH plc (LON:CRH)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 7,459.33 ($96.49) and traded as high as GBX 7,480 ($96.75). CRH shares last traded at GBX 7,446 ($96.31), with a volume of 354,071 shares traded.

CRH Price Performance

The stock has a market cap of £63.53 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.38. The firm has a 50-day moving average price of GBX 7,911.98 and a 200-day moving average price of GBX 7,459.33. The company has a debt-to-equity ratio of 70.88, a quick ratio of 1.37 and a current ratio of 1.39.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.