Here's Why Forterra Inc's Stock Is Plunging Today [The Motley Fool]
Forterra, Inc. (FRTA)
Last forterra, inc. earnings: 4/29 06:28 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.forterrabp.com
Company Research
Source: The Motley Fool
The industrial supplier's stock got downgraded. Matthew DiLallo ( TMFmd19 ) Jan 31, 2018 at 11:39AM What happened Shares of Forterra Inc. ( NASDAQ:FRTA ) plummeted on Wednesday and were down 20% at 10:45 a.m. EST after an analyst at Goldman Sachs downgraded the stock. So what The bank cut its rating on the pipe manufacturer from neutral to sell, and set its price target at $5 per share, which is still $2 above where the stock currently trades even after today's downdraft. The analyst argues that the company has limited growth prospects and faces rising input cost pressures, which would limit its ability to generate free cash flow. Image source: Getty Images. Forterra's share price has been excruciatingly volatile over the past year. Its downward spiral started last May after the company's disappointing first-quarter results , which
Show less
Read more
Impact Snapshot
Event Time:
FRTA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FRTA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FRTA alerts
High impacting Forterra, Inc. news events
Weekly update
A roundup of the hottest topics