|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.71 - 13.02|
|52 Week Range||6.24 - 15.28|
|Beta (5Y Monthly)||1.48|
|PE Ratio (TTM)||10.20|
|Forward Dividend & Yield||0.14 (1.08%)|
|Ex-Dividend Date||Jun 05, 2020|
|1y Target Est||N/A|
Moody's Investors Service (Moody's) upgraded Forterra Finance, LLC's (Forterra) Corporate Family Rating (CFR) to B1 from B3, Probability of Default Rating (PDR) to B1-PD from B3-PD and senior secured ratings to B2 from B3. Moody's also upgraded the company's Speculative Grade Liquidity Rating to SGL-2 from SGL-3.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of HeidelbergCement AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
HeidelbergCement, the world's No. 2 cement maker, on Thursday said it would continue to tighten its purse strings in the wake of the coronavirus crisis after a good start to the July-September quarter. The German group said construction activity had gradually recovered over the course of the second quarter, but cautioned it was still impossible to provide an outlook for the full-year. HeidelbergCement said cash savings from its COPE cost cutting programme launched earlier this year stood at 354 million euros ($417 million) at end June.