CRH PLC (CRH) Shares are Up 4.74%

CRH PLC (CRH) : Traders are bullish on CRH PLC (CRH) as it has outperformed the S&P 500 by a wide margin of 6.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.68%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.74% in the last 1 week, and is up 7.9% 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 5.35% and the 50-Day Moving Average is 7.22%. CRH PLC (NYSE:CRH): stock turned positive on Friday. Though the stock opened at $31.98, the bulls momentum made the stock top out at $32.03 level for the day. The stock recorded a low of $31.78 and closed the trading day at $31.81, in the green by 1.18%. The total traded volume for the day was 779,269. The stock had closed at $31.44 in the previous days trading.


Institutional Investors own 7.44% 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.