Adelaide Brighton (ASX:ABC) Shares Pass Below 200 Day Moving Average of $3.63
Adelaide Brighton Ltd. (ASX:ABC)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.63 and traded as low as $3.47. Adelaide Brighton shares last traded at $3.49, with a volume of 1,306,502 shares.
The company has a quick ratio of 1.76, a current ratio of 2.64 and a debt-to-equity ratio of 59.04. The company’s 50-day moving average is A$3.21 and its 200-day moving average is A$3.63. The stock has a market cap of $2.28 billion and a price-to-earnings ratio of 27.70.
Adelaide Brighton Company Profile (ASX:ABC)
Adelaide Brighton Limited produces, imports, distributes, and markets construction materials in Australia. The company operates in two segments, Cement, Lime, Concrete and Aggregates; and Concrete Products. It offers cement, cementitious products, lime, premixed concrete, aggregates, and sand, as well as concrete bricks, blocks, pavers, retaining walls, erosion control products, architectural masonry products, and reconstituted stone veneers.
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