Ferguson (LON:FERG) Trading 0.9% Higher – Here’s Why

Shares of Ferguson plc (LON:FERG) shot up 0.9% on Tuesday . The stock traded as high as GBX 233.81 and last traded at GBX 230.67. 1,084,081 shares changed hands during trading, an increase of 2,396% from the average session volume of 43,430 shares. The stock had previously closed at GBX 228.67.

Ferguson Stock Up 0.9%

The business has a 50-day moving average price of £158.53 and a 200-day moving average price of £174.04. The stock has a market cap of £447.36 million, a PE ratio of 0.23, a price-to-earnings-growth ratio of 2.57 and a beta of 1.12. The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 103.52.

Ferguson Company Profile

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. In addition, it supplies pipes, valves, fittings, plumbing supplies, water and wastewater treatment products, and refrigeration products under Wolseley brand name.