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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Post by snootchybootchyon Dec 19, 2018 4:30pm
104 Views
Post# 29137140

Today's trading pattern

Today's trading patternCRH was trading in positive territory all day until the Fed rate hike was announced and then it immediately fell into negative territory. Isn't this a clear indication that investors are mostly concerned about the debt CRH is carrying?  Should CRH management take today's trading pattern as a signal that investors want CRH to pay down debt rather than buy back stock with their cash?  I know CRH's cost of capital is cheap but it seems investors may be uncomfortable holding a company with too much debt in these market conditions.  Is buying back stock the best thing we can do with our cash flow if we are heading into an economic slow down with rising interest rates?
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