RE: Can this hit £1.574 again?19 Jul 2020 21:26
Unhappily, Forterra had to report a 10% decline in EPS over the last year. The share price decline of 37% is actually more than the EPS drop. Unsurprisingly, given the lack of EPS growth, the market seems to be more cautious about the stock. The less favorable sentiment is reflected in its current P/E ratio of 7.36.