In Wednesday’s Wall Street session, CRH Plc (NYSE:CRH) shares traded at $102.74, up 6.68% from the previous session.
CRH stock price is now 4.19% away from the 50-day moving average and 13.75% away from the 200-day moving average. The market capitalization of the company currently stands at $69.50B.
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On October 29, 2024, Barclays recently initiated its ‘Overweight’ rating on the stock quoting a target price of $110, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Mintern Denis James, Chief Executive Officer sold 4,097 shares of the company’s stock on Mar 03 ’25. The stock was sold for $421,693 at an average price of $102.93. Upon completion of the transaction, the Chief Executive Officer now directly owns 35,757 shares in the company, valued at $3.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Connolly Alan sold 10,680 shares of the business’s stock. A total of $1,099,262 was realized by selling the stock at an average price of $102.93. This leaves the insider owning 52,341 shares of the company worth $5.38 million. A total of 0.96% of the company’s stock is owned by insiders.
During the past 12 months, CRH Plc has had a low of $71.18 and a high of $110.97. As of last week, the company has a debt-to-equity ratio of 0.72, a current ratio of 1.37, and a quick ratio of 0.91.
The net profit margin was 9.72% and return on equity was 16.29% for CRH. The company reported revenue of $8.87 billion for the quarter, compared to $8.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.13 percent.
