CRH (LON:CRH) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

CRH plc (LON:CRH)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 5,909.83 and traded as low as GBX 114.36. CRH shares last traded at GBX 114.91, with a volume of 5,649,529 shares trading hands.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a £108.14 target price on shares of CRH in a research note on Thursday, April 9th. JPMorgan Chase & Co. dropped their price target on shares of CRH from £104.30 to £103.66 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of £105.22.

CRH Stock Up 2.1%

The company has a quick ratio of 1.37, a current ratio of 1.74 and a debt-to-equity ratio of 82.09. The company has a market capitalization of £768.04 million, a PE ratio of 0.21, a P/E/G ratio of 1.91 and a beta of 1.24. The stock has a 50-day moving average of GBX 288.57 and a 200 day moving average of GBX 5,780.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.