Eagle Materials Inc (EXP) : During the past 4 weeks, traders have been relatively bearish on Eagle Materials Inc (EXP), hence the stock is down -2.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.42% relative to the S&P 500. The 4-week change in the price of the stock is -2.59% and the stock has fallen -0.45% in the past 1 week.
Eagle Materials Inc. is up 8.13% in the last 3-month period. Year-to-Date the stock performance stands at 35.63%. The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 1.81%.
Eagle Materials Inc (NYSE:EXP): The stock opened at $82.56 on Friday but the bulls could not build on the opening and the stock topped out at $82.94 for the day. The stock traded down to $81.23 during the day, due to lack of any buying support eventually closed down at $81.74 with a loss of -1.68% for the day. The stock had closed at $83.14 on the previous day. The total traded volume was 450,343 shares.
Also, Equity Analysts at the Brokerage Firm, CL King, downgrades their rating on the shares of Eagle Materials Inc (NYSE:EXP). CL King has a Neutral rating on the shares. Previously, the analysts had a Strong Buy rating on the shares. The rating by the firm was issued on July 26, 2016.
Eagle Materials Inc. manufactures and distributes gypsum wallboard and also manufactures and sells cement. Gypsum wallboard is distributed throughout the United States, in the geographic markets nearest to its production facilities. The Company sells cement in six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. Its gypsum wallboard business is supported by its recycled paperboard business, while its cement business is supported by its concrete and aggregates business. The Company operates six cement plants, five gypsum wallboard plants, one recycled paperboard plant, seventeen concrete batching plants, four aggregates facilities and one frac sand processing and drying plant. The Company operates in two business segments: Cement and Concrete and Aggregates, and Gypsum Wallboard and Recycled Paperboard.