Kingspan Group plc (KRX.IR)

Kingspan's price has dropped about 5% below its short-term average, on more than double the usual trading activity.

What is going on right now?

The share price has slipped to around €95, sitting well below where it traded over the past few weeks, and the number of shares changing hands recently jumped to roughly 2.4 times the normal level.

How is the business itself doing?

Kingspan makes insulation panels and building envelopes, the outer skin that keeps heat in or out. Its revenue grew about 7.6% and earnings rose nearly 5%, though it keeps only about 7 cents of profit from every euro of sales.

What stands out?

According to reports, oil near $110 could push up the cost of the foam chemicals Kingspan needs, since those ingredients are made from petroleum.

What comes next?

Construction activity tends to slow when borrowing gets more expensive, and Kingspan's sales lean on both new buildings and renovations, so upcoming building permit numbers across Europe are one concrete thing to watch.