EPS for Forterra Inc (FRTA) Expected At $

The firm now has a "buy" rating on the construction company's stock.

Forterra, Inc. (:FRTA) stock has entered overbought territory as the 14-day Relative Strength Index reading touched 86.57 after yesterday's close.

Shares of Forterra Inc (NASDAQ:FRTA) now have an Average Brokerage Recommendation of 2.25, number of Recs in ABR is 8 while industry rank of the company by ABR is 45 out of 265. FORTERRA INC has a consensus rating of "Hold" and a consensus price target of $14.06.

Shares of Forterra (NASDAQ:FRTA) traded up $0.02 during midday trading on Friday, hitting $8.23. Deutsche Bank initiated it with "Hold" rating and $20 target in Monday, November 14 report. Stock's twelve month price oscillated between $22.76 and $3.02. Citigroup initiated the stock with "Buy" rating in Monday, November 14 report.

The company's quick ratio for most recent quarter is 1.6 along with current ratio for most recent quarter of 2.9. Awm Investment Company Inc. owns 1.33 million shares or 0.88% of their U.S. portfolio. The company's 3-months average volume stands at 1.47 million. With Forterra, Inc. (:FRTA) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback. For the past 5 years, the company's revenue has grown -0.1%, while the company's earnings per share has grown -37.3%. After $-0.02 actual EPS reported by Forterra Inc for the previous quarter, Wall Street now forecasts 300.00% negative EPS growth. The original version of this piece of content can be accessed at

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In related news, insider Lori M. Browne acquired 10,000 shares of the business's stock in a transaction on Monday, September 11th. These holdings make up 97.71% of the company's outstanding shares. Following the completion of the transaction, the insider now directly owns 27,057 shares of the company's stock, valued at approximately $115,533.39. The stock was bought at an average cost of $4.29 per share, for a total transaction of $100,596.21. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FRTA. The disclosure for this purchase can be found here.

A trend analysis is a method of analysis that allows traders to foresee what will come about with a stock in upcoming days. Following the purchase, the director now directly owns 24,579 shares of the company's stock, valued at approximately $105,443.91. FMR LLC acquired a new stake in FORTERRA INC in the 1st quarter valued at about $31,062,000. Paradigm Capital Management Inc. Credit Agricole S A acquired a new stake in FORTERRA INC in the 1st quarter valued at about $139,000. Rhumbline Advisers raised its position in shares of Forterra by 28.7% in the second quarter.

Iconix Brand Group, Inc. There has been an observed change of 125.99% in the ownership of the shares in the past six months.

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