James Hardie Industries (NYSE:JHX) Sets New 52-Week Low at $20.13

James Hardie Industries plc (NYSE:JHXGet Rating)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $20.13 and last traded at $20.13, with a volume of 33 shares trading hands. The stock had previously closed at $20.92.

James Hardie Industries Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.81 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $8.71 billion, a P/E ratio of 18.51 and a beta of 1.35. The firm has a 50 day moving average price of $23.72 and a 200-day moving average price of $26.07.

Institutional Investors Weigh In On James Hardie Industries

Institutional investors and hedge funds have recently modified their holdings of the business. Ellevest Inc. bought a new stake in shares of James Hardie Industries during the 2nd quarter worth approximately $31,000. BNP Paribas Arbitrage SA lifted its stake in shares of James Hardie Industries by 880.0% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,960 shares of the construction company’s stock worth $59,000 after acquiring an additional 1,760 shares during the last quarter. Advisor Group Holdings Inc. lifted its stake in shares of James Hardie Industries by 150.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,472 shares of the construction company’s stock worth $74,000 after acquiring an additional 1,486 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of James Hardie Industries by 28.0% during the 1st quarter. JPMorgan Chase & Co. now owns 2,926 shares of the construction company’s stock worth $88,000 after acquiring an additional 640 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of James Hardie Industries by 22.8% during the 1st quarter. Captrust Financial Advisors now owns 3,909 shares of the construction company’s stock worth $118,000 after acquiring an additional 727 shares during the last quarter. 1.54% of the stock is owned by institutional investors.

James Hardie Industries Company Profile

(Get Rating)

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada.

Featured Stories

Receive News & Ratings for James Hardie Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for James Hardie Industries and related companies with MarketBeat.com's FREE daily email newsletter.