Builders FirstSource (BLDR) has risen sharply, recording gains of 11.51% in the past 4 weeks. However, the stock has corrected -0.08% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.88% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.94% and the 50-Day Moving Average is 8.26%. Builders FirstSource, Inc. is up 16.23% in the last 3-month period. Year-to-Date the stock performance stands at 16.34%.
Builders FirstSource (NASDAQ:BLDR): On Fridays trading session , Opening price of the stock was $13.12 with an intraday high of $13.155. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.73. However, the stock managed to close at $12.89, a loss of 1.60% for the day. On the previous day, the stock had closed at $13.1. The total traded volume of the day was 1,793,212 shares.
Builders FirstSource, Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components, Windows & Doors, Lumber & Lumber Sheet Goods, Millwork, and Other Building Products & Services. The Companys Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing, assembly and distribution of windows, and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber, plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim, columns and posts, as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products, including hardware, composite materials, roofing and insulation.