CSR (ASX:CSR) Shares Pass Above 50 Day Moving Average of $4.13

Shares of CSR Limited (ASX:CSR) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.13 and traded as high as $4.04. CSR shares last traded at $4.00, with a volume of 1,586,742 shares.

The company has a debt-to-equity ratio of 6.30, a quick ratio of 1.10 and a current ratio of 2.11. The firm has a market cap of $2.00 billion and a PE ratio of 25.81. The stock’s 50 day simple moving average is A$4.13 and its 200 day simple moving average is A$3.68.

In related news, insider Penelope (Penny) Winn purchased 7,845 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was acquired at an average price of A$3.83 ($2.72) per share, with a total value of A$30,046.35 ($21,309.47). In the last three months, insiders acquired 8,037 shares of company stock valued at $30,877.

CSR Company Profile (ASX:CSR)

CSR Limited manufactures and supplies building products for residential and commercial construction in Australia and New Zealand. The company operates through Building Products, Glass, Aluminium, and Property segments. The Building Products segment offers lightweight systems, such as Gyprock plasterboard, Hebel autoclaved aerated concrete products, Cemintel fibre cement, Himmel Interior Systems, and Rondo rolled formed steel products; and insulation products comprising Bradford and Martini insulation, Bradford energy solutions, and Edmonds ventilation systems, as well as bricks and roofing products, and AFS walling systems.

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