Ibstock plc (LON:IBST - Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 182.37 ($2.44) and traded as high as GBX 186 ($2.49). Ibstock shares last traded at GBX 184.40 ($2.47), with a volume of 270,905 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. Royal Bank of Canada reissued an "outperform" rating and set a GBX 200 ($2.68) price objective on shares of Ibstock in a research note on Thursday, July 4th. Jefferies Financial Group upped their price target on Ibstock from GBX 143 ($1.91) to GBX 150 ($2.01) and gave the company a "hold" rating in a research note on Thursday, June 27th.
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Ibstock Trading Up 1.4 %
The firm has a market cap of £735.04 million, a PE ratio of 9,350.00, a P/E/G ratio of 0.47 and a beta of 1.34. The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The business has a fifty day moving average price of GBX 182.40 and a 200 day moving average price of GBX 166.50.
Ibstock Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, September 13th. Investors of record on Thursday, August 22nd were given a GBX 1.50 ($0.02) dividend. The ex-dividend date was Thursday, August 22nd. This represents a dividend yield of 0.87%. Ibstock's dividend payout ratio (DPR) is presently 25,000.00%.
Ibstock Company Profile
(
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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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