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Ibstock (LON:IBST) Trading Up 0.7% - Should You Buy?

Ibstock logo with Basic Materials background

Shares of Ibstock plc (LON:IBST - Get Free Report) shot up 0.7% during mid-day trading on Thursday . The stock traded as high as GBX 191.40 ($2.42) and last traded at GBX 190.40 ($2.40). 748,596 shares were traded during trading, a decline of 30% from the average session volume of 1,070,084 shares. The stock had previously closed at GBX 189 ($2.39).

Ibstock Price Performance

The stock has a fifty day moving average of GBX 191.05 and a 200-day moving average of GBX 181.26. The firm has a market capitalization of £738.88 million, a P/E ratio of 9,380.00, a PEG ratio of 0.47 and a beta of 1.34. The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 46.91.

About Ibstock

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Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.

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