Forterra plc (OTCMKTS:FTTRF) Short Interest Update
by Danessa Lincoln · The Markets DailyForterra plc (OTCMKTS:FTTRF – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 29,104 shares, a decrease of 39.8% from the June 15th total of 48,350 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Forterra Price Performance
FTTRF stock opened at $2.00 on Friday. Forterra has a 12 month low of $2.00 and a 12 month high of $3.15. The firm has a 50-day moving average price of $2.01 and a 200-day moving average price of $2.11.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Forterra in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.
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Forterra Company Profile
Forterra plc (OTCMKTS: FTTRF) is a leading UK-based manufacturer of building products, specializing in clay and concrete solutions for the construction sector. The company designs, produces and supplies a comprehensive range of masonry and hard landscaping materials for residential, commercial and infrastructure projects. Its product portfolio spans clay facing bricks, concrete masonry blocks, architectural terracotta, clay pavers, drainage systems and engineered retaining walls.
Within its Clay Products segment, Forterra manufactures a variety of facing bricks, including traditional and extruded formats, as well as thin bricks for both internal and external façades.