Adelaide Brighton (ASX:ABC) Shares Cross Below Two Hundred Day Moving Average of $4.20

Shares of Adelaide Brighton Ltd. (ASX:ABC) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.20 and traded as low as $3.21. Adelaide Brighton shares last traded at $3.24, with a volume of 1,138,020 shares.

The stock has a fifty day moving average of A$3.74 and a two-hundred day moving average of A$4.20. The stock has a market cap of $2.12 billion and a price-to-earnings ratio of 25.71. The company has a quick ratio of 1.76, a current ratio of 2.64 and a debt-to-equity ratio of 59.04.

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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