KINGSPAN GROUP PLC Stock Impressive Rise 11% So Far On Tuesday, Outperforms Market

(VIANEWS) – Shares of KINGSPAN GROUP PLC (ISEQ All Share: KRX.IR) rose by a staggering 11.93% to €64.18 at 11:23 EST on Tuesday, after two successive sessions in a row of gains. ISEQ All Share is jumping 1.2% to €8,641.16, after two successive sessions in a row of gains. This seems, so far, an all-around bullish trend trading session today.

KINGSPAN GROUP PLC’s last close was €57.34, 15.48% under its 52-week high of €67.84.

About KINGSPAN GROUP PLC

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through six segments: Insulated Panels, Insulation, Light + Air, Water + Energy, Data + Flooring, and Roofing + Waterproofing. The Insulated Panels segment manufactures insulated panels, structural framing, and metal facades. The Insulation segment produces rigid insulation boards, technical insulation, and engineered timber systems. The Light + Air segment offers daylighting, smoke management, ventilation systems, and service activities. The Water + Energy segment provides energy and water solutions, and related services. The Data + Flooring segment manufactures data center storage solutions, as well as raised access floors. The Roofing + Waterproofing segment produces roofing and waterproofing solutions for renovation and new construction of buildings. Kingspan Group plc was founded in 1965 and is based in Kingscourt, Ireland.

Earnings Per Share

As for profitability, KINGSPAN GROUP PLC has a trailing twelve months EPS of €3.27.

PE Ratio

KINGSPAN GROUP PLC has a trailing twelve months price to earnings ratio of 19.63. Meaning, the purchaser of the share is investing €19.63 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.39%.

Volume

Today’s last reported volume for KINGSPAN GROUP PLC is 336728 which is 20.39% above its average volume of 279685.

Moving Average

KINGSPAN GROUP PLC’s value is higher than its 50-day moving average of €61.50 and way higher than its 200-day moving average of €57.86.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 13, 2023, the estimated forward annual dividend rate is 0.49 and the estimated forward annual dividend yield is 0.83%.

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