Construction Stocks To Consider – February 06th

International Paper, Berkshire Hathaway, and CRH are the three Construction stocks to watch today, according to MarketBeat’s stock screener tool. Construction stocks refer to the shares of companies that are involved in the business of building and developing residential, commercial, and infrastructure projects. These companies typically include homebuilders, engineering and construction firms, suppliers of building materials, and other related services within the construction industry. Investment in construction stocks is influenced by factors such as economic growth, interest rates, and government infrastructure spending. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

International Paper (IP)

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others.

Shares of NYSE:IP traded up $1.11 during midday trading on Thursday, reaching $54.99. 16,720,818 shares of the company’s stock were exchanged, compared to its average volume of 10,463,536. The firm has a market capitalization of $19.10 billion, a PE ratio of 35.03 and a beta of 1.02. The company’s 50 day simple moving average is $55.78 and its two-hundred day simple moving average is $51.85. International Paper has a 12 month low of $33.06 and a 12 month high of $60.36. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.08 and a current ratio of 1.49.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B traded up $2.66 during midday trading on Thursday, reaching $476.39. 1,591,103 shares of the company’s stock were exchanged, compared to its average volume of 3,972,009. Berkshire Hathaway has a one year low of $392.10 and a one year high of $491.67. The firm has a market capitalization of $1.03 trillion, a price-to-earnings ratio of 9.62, a price-to-earnings-growth ratio of 3.36 and a beta of 0.88. The business has a 50-day simple moving average of $461.10 and a two-hundred day simple moving average of $456.95.

CRH (CRH)

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.

CRH stock traded up $3.28 during trading on Thursday, hitting $104.44. The company had a trading volume of 6,096,219 shares, compared to its average volume of 3,372,571. The company has a fifty day moving average price of $97.02 and a two-hundred day moving average price of $92.63. CRH has a fifty-two week low of $71.18 and a fifty-two week high of $105.58. The company has a market cap of $70.94 billion, a P/E ratio of 20.84, a P/E/G ratio of 1.08 and a beta of 1.30.