CRH PLC (CRH) has been under a strong bear grip, hence the stock is down -2.7% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.85% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.39% in the last 1 week, and is up 1.55% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.76% and the 50-Day Moving Average is 0.15%.
CRH PLC (NYSE:CRH): The stock opened at $29.37 on Friday but the bulls could not build on the opening and the stock topped out at $29.54 for the day. The stock traded down to $29.34 during the day, due to lack of any buying support eventually closed down at $29.48 with a loss of -1.40% for the day. The stock had closed at $29.90 on the previous day. The total traded volume was 1,933,638 shares.
Institutional Investors own 6.26% of CRH PLC shares.
CRH PLC is a building materials company. The Company manufactures and supplies a range of building materials and products ranging from the fundamentals of heavy materials and elements to construct the frame. As of December 31, 2013, the Company operated in approximately 34 countries in North America, Europe, and Asia. The Company operates in six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Americas Distribution. The Companys products are used across various sectors, including in the residential, non-residential and infrastructure sectors. The Company has a 26% stake in associate Yatai Building Materials, which is engaged in building materials in Northeast China. In India, it has a 50% joint venture with My Home Industries Limited in southern state of Andhra Pradesh.