Vulcan Materials Company (NYSE:VMC) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: April 21, 2017
Having a price of $120.34, Vulcan Materials Company (NYSE:VMC) traded 0.11% higher on the day. With the last stock price down -1.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. VMC has recorded a 50-day average of $118.05 and a two hundred day average of $121.41. Trade Volume was down over the average, with 682,562 shares of VMC changing hands under the typical 1,556,110
Zacks Investment Research has downgraded Vulcan Materials Company (NYSE:VMC) to Sell in a statement released on Friday April 21, 2017.
Recent Performance Chart
Vulcan Materials Company has PE ratio of 38.84 with a one year low of $105.71 and a one year high of $138.18 and has a market capitalization of $0.
A total of 12 brokerages have issued a ratings update on Vulcan Materials Company. Seven brokerages rating the company a strong buy, four brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $125.67.
General Company Details For Vulcan Materials Company (NYSE:VMC)
Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington District of Columbia and the Bahamas. The Calcium segment consists of a Florida facility that mines, produces and sells calcium products. As of December 31, 2016, it had 337 active aggregates facilities. The Company sells aggregates that are used as ballast for construction and maintenance of railroad tracks.
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