Crh Plc (CRH) Short Interest Up 58.3% in January
Crh Plc (NYSE:CRH) was the recipient of a large growth in short interest in January. As of January 12th, there was short interest totalling 1,862,039 shares, a growth of 58.3% from the December 29th total of 1,176,003 shares. Based on an average trading volume of 1,388,836 shares, the short-interest ratio is presently 1.3 days.
Several equities research analysts have commented on CRH shares. Morgan Stanley upgraded CRH from an “equal weight” rating to an “overweight” rating in a research note on Friday, November 17th. Zacks Investment Research cut CRH from a “hold” rating to a “sell” rating in a research note on Tuesday, November 28th. Finally, BNP Paribas upgraded CRH from an “underperform” rating to a “neutral” rating in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $32.50.
Shares of CRH (CRH) opened at $37.39 on Thursday. CRH has a 12 month low of $32.82 and a 12 month high of $39.32. The company has a current ratio of 1.60, a quick ratio of 1.10 and a debt-to-equity ratio of 0.57.
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CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
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