Adelaide Brighton (ABC) Sets New 12-Month Low at $3.57

Adelaide Brighton Ltd. (ASX:ABC)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as A$3.57 ($2.53) and last traded at A$3.60 ($2.55), with a volume of 5501425 shares changing hands. The stock had previously closed at A$3.57 ($2.53).

The company has a debt-to-equity ratio of 41.64, a current ratio of 2.79 and a quick ratio of 1.77. The stock has a market cap of $2.43 billion and a P/E ratio of 13.12.

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About Adelaide Brighton (ASX:ABC)

Adelaide Brighton Limited produces, imports, distributes, and markets construction materials in Australia. The company operates in two segments, Cement, Lime, Concrete and Aggregates; and Concrete Products. It offers cement, cementitious products, lime, premixed concrete, aggregates, and sand, as well as concrete bricks, blocks, pavers, retaining walls, erosion control products, architectural masonry products, and reconstituted stone veneers.

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