Martin Marietta Materials Already 7% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NYSE opens in less than one hour and Martin Marietta Materials‘s pre-market value is already 7.43% down.

Martin Marietta Materials’s last close was $604.92, 1.97% below its 52-week high of $617.08.

The last session, NYSE ended with Martin Marietta Materials (MLM) jumping 0.29% to $604.92. NYSE rose 0.25% to $18,018.63, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session.

About Martin Marietta Materials

Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.

Earnings Per Share

As for profitability, Martin Marietta Materials has a trailing twelve months EPS of $19.3.

PE Ratio

Martin Marietta Materials has a trailing twelve months price to earnings ratio of 31.34. Meaning, the purchaser of the share is investing $31.34 for every dollar 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 15.78%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 13.4% and positive 12.9% for the next.

More news about Martin Marietta Materials (MLM).

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