Fletcher Building (ASX:FBU) Stock Crosses Above 50 Day Moving Average of $4.65

Fletcher Building Limited (ASX:FBU) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.65 and traded as high as $4.93. Fletcher Building shares last traded at $4.91, with a volume of 726,030 shares trading hands.

The company’s 50-day moving average price is A$4.65 and its two-hundred day moving average price is A$4.75. The company has a debt-to-equity ratio of 40.67, a current ratio of 1.77 and a quick ratio of 1.19. The company has a market capitalization of $4.11 billion and a P/E ratio of -28.06.

Fletcher Building Company Profile (ASX:FBU)

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building and construction products in New Zealand, Australia, North America, Asia, Europe, and internationally. It operates through Building Products, Distribution, Steel, Concrete, Residential and Development, Construction, Australia, and Formica and Roof Tile Group segments.

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