CRH (LON:CRH) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of CRH plc (LON:CRH) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6,917 ($84.63) and traded as high as GBX 7,880 ($96.42). CRH shares last traded at GBX 7,844 ($95.97), with a volume of 322,742 shares traded.

CRH Stock Performance

The stock has a market cap of £53.34 billion, a price-to-earnings ratio of 2,121.08, a P/E/G ratio of 1.91 and a beta of 1.38. The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 68.24. The firm has a fifty day simple moving average of GBX 7,712.35 and a 200-day simple moving average of GBX 6,917.

CRH Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 18th. Stockholders of record on Friday, November 22nd were paid a dividend of $0.35 per share. This represents a dividend yield of 0.35%. The ex-dividend date of this dividend was Friday, November 22nd. CRH’s dividend payout ratio (DPR) is presently 2,810.81%.

About 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.