Ferguson (LON:FERG) Shares Up 0.7% – Here’s Why

Shares of Ferguson plc (LON:FERG) shot up 0.7% during trading on Monday . The stock traded as high as £172 and last traded at £170.20. 10,240 shares were traded during mid-day trading, a decline of 92% from the average session volume of 127,185 shares. The stock had previously closed at £169.

Ferguson Trading Up 0.7%

The company has a quick ratio of 0.83, a current ratio of 1.68 and a debt-to-equity ratio of 82.79. The business has a 50-day simple moving average of £182.74 and a 200-day simple moving average of £172.24. The company has a market cap of £34.16 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 2.57 and a beta of 1.21.

About Ferguson

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.