Forterra (LON:FORT) Shares Down 1% – Should You Sell?

Forterra plc (LON:FORT)’s stock price fell 1% during trading on Wednesday . The company traded as low as GBX 176.20 ($2.22) and last traded at GBX 176.60 ($2.23). 159,229 shares were traded during trading, a decline of 60% from the average session volume of 395,210 shares. The stock had previously closed at GBX 178.40 ($2.25).

Forterra Trading Down 0.3 %

The company’s 50 day simple moving average is GBX 182.19 and its two-hundred day simple moving average is GBX 175.86. 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 company has a market capitalization of £367.45 million, a price-to-earnings ratio of 4,440.00, a P/E/G ratio of 0.30 and a beta of 1.25.

About Forterra

Forterra plc engages in the manufacture and sale of building products in the United Kingdom. The company operates through three segments: Bricks, Blocks, and Bespoke Products. It offers bricks; aircrete and aggregate blocks for internal and external applications, such as foundations, floors and walls, and detailing; bespoke precast concrete products comprising jetfloor, hollowcore, beam and block, and flooring, as well as box culverts, omnia bridge decks, and retaining walls for infrastructure; and crosswall frames, stairs and landings, stadia components, and columns and beams for structural projects.