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

Forterra plc (LON:FORT - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 181.74 ($2.28) and traded as low as GBX 164.80 ($2.07). Forterra shares last traded at GBX 165 ($2.07), with a volume of 63,600 shares traded.

Forterra Trading Up 0.2 %

The stock has a market capitalization of £341.39 million, a P/E ratio of 4,125.00, a P/E/G ratio of 0.30 and a beta of 1.25. The company has a quick ratio of 0.82, a current ratio of 1.79 and a debt-to-equity ratio of 62.10. The stock's 50 day moving average price is GBX 181.51 and its 200-day moving average price is GBX 175.75.

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.