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An announcement from James Hardie ( (AU:JHX) ) is now available.
James Hardie Industries Plc has experienced a significant drop in its share price from $29.48 to $24.41, accompanied by a notable increase in trading volume. The ASX has queried the company to determine if there is undisclosed information that could explain this market activity, emphasizing the importance of compliance with listing rules and the potential need for a trading halt if necessary.
The most recent analyst rating on (AU:JHX) stock is a Buy with a A$36.50 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.
More about James Hardie
James Hardie Industries Plc operates in the building materials industry, primarily focusing on the production of fiber cement products. The company is known for its innovative solutions in the construction sector, catering to both residential and commercial markets.
Average Trading Volume: 2,379,648
Technical Sentiment Signal: Sell
Current Market Cap: A$17.65B
For a thorough assessment of JHX stock, go to TipRanks’ Stock Analysis page.