Construction Partners (ROAD) Stock Dropped, So What Is Driving Attention Now?
Construction Partners (ROAD) just closed its purchase of Roads, Inc. of NWF, adding a hot mix asphalt plant in northwest Florida and folding the operations into its C.W. Roberts Contracting platform. Despite the Roads, Inc. acquisition, Construction Partners’ recent trading has been choppy, with the share price down about 14% over 30 days and roughly 26% over 90 days. At the same time, the company has a three year total shareholder return of about 156% and a five year total shareholder return...
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