Forterra (LON:FORT) Stock Price Passes Below 50-Day Moving Average - Should You Sell?

Forterra plc (LON:FORT - Get Free Report)'s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 166.16 ($2.06) and traded as low as GBX 156.20 ($1.94). Forterra shares last traded at GBX 158.80 ($1.97), with a volume of 144,157 shares trading hands.

Forterra Stock Performance

The company has a current ratio of 1.79, a quick ratio of 0.82 and a debt-to-equity ratio of 62.10. The stock has a market capitalization of £333.94 million, a price-to-earnings ratio of 4,035.00, a price-to-earnings-growth ratio of 0.30 and a beta of 1.25. The firm's fifty day moving average price is GBX 165.02 and its 200 day moving average price is GBX 173.77.

About Forterra

Forterra is a leading UK manufacturer of essential clay and concrete building products, with a unique combination of strong market positions in clay bricks, concrete blocks and precast concrete flooring. Our heritage dates back many decades and the durability, longevity and inherent sustainability of our products is evident in the construction of buildings that last for generations; wherever you are in Britain, you won't be far from a building with a Forterra product within its fabric. Our clay brick business combines our extensive secure mineral reserves with modern and efficient high-volume manufacturing processes to produce large quantities of extruded and soft mud bricks, primarily for the new build housing market.