Forterra (LON:FORT) Stock Price Down 1% – Here’s What Happened

Forterra plc (LON:FORT)’s stock price traded down 1% during mid-day trading on Wednesday . The stock traded as low as GBX 176.20 ($2.22) and last traded at GBX 176.60 ($2.23). 159,229 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 395,210 shares. The stock had previously closed at GBX 178.40 ($2.25).

Forterra Price Performance

The stock has a fifty day moving average of GBX 182.19 and a 200 day moving average of GBX 175.86. The stock has a market cap of £367.45 million, a price-to-earnings ratio of 4,440.00, a P/E/G ratio of 0.30 and a beta of 1.25. The company has a debt-to-equity ratio of 62.10, a current ratio of 1.79 and a quick ratio of 0.82.

Forterra Company Profile

Forterra plc engages in the manufacture and sale of building products in the United Kingdom. The company operates through three segments: Bricks, Blocks, and Bespoke Products. It offers bricks; aircrete and aggregate blocks for internal and external applications, such as foundations, floors and walls, and detailing; bespoke precast concrete products comprising jetfloor, hollowcore, beam and block, and flooring, as well as box culverts, omnia bridge decks, and retaining walls for infrastructure; and crosswall frames, stairs and landings, stadia components, and columns and beams for structural projects.