Crh Plc (NYSE:CRH) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 999,778 shares, a drop of 43.8% from the October 14th total of 1,777,771 shares. Based on an average daily trading volume, of 769,174 shares, the days-to-cover ratio is currently 1.3 days.

Crh Plc (NYSE:CRH) opened at 32.92 on Thursday. The company has a 50-day moving average price of $33.14 and a 200-day moving average price of $31.51. The firm has a market capitalization of $27.16 billion, a P/E ratio of 26.61 and a beta of 1.16. Crh Plc has a 1-year low of $23.33 and a 1-year high of $35.88.

The business also recently announced a dividend, which was paid on Monday, November 14th. Shareholders of record on Friday, September 9th were paid a dividend of $0.204 per share. The ex-dividend date of this dividend was Wednesday, September 7th.

Several analysts recently issued reports on CRH shares. Canaccord Genuity upgraded Crh Plc from a “hold” rating to a “buy” rating in a report on Wednesday, November 2nd. Societe Generale upgraded Crh Plc from a “hold” rating to a “buy” rating in a report on Thursday, October 20th. Beaufort Securities reiterated a “hold” rating on shares of Crh Plc in a report on Sunday. Zacks Investment Research downgraded Crh Plc from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 8th. Finally, Numis Securities Ltd downgraded Crh Plc from an “add” rating to a “hold” rating in a report on Friday, August 26th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Crh Plc has a consensus rating of “Buy” and a consensus price target of $32.00.

Large investors have recently modified their holdings of the stock. Checchi Capital Advisers LLC raised its stake in shares of Crh Plc by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 4,213 shares of the company’s stock worth $125,000 after buying an additional 78 shares during the period. Advisor Group Inc. acquired a new stake in Crh Plc during the second quarter valued at about $133,000. Acadian Asset Management LLC raised its stake in Crh Plc by 130.3% in the third quarter. Acadian Asset Management LLC now owns 5,043 shares of the company’s stock valued at $168,000 after buying an additional 2,853 shares during the last quarter. BOKF NA acquired a new stake in Crh Plc during the third quarter valued at about $202,000. Finally, Stevens Capital Management LP acquired a new stake in Crh Plc during the third quarter valued at about $213,000. 6.32% of the stock is owned by institutional investors.

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About Crh Plc

CRH plc manufactures and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.

5 Day Chart for NYSE:CRH

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