Builders FirstSource (BLDR) : During the past 4 weeks, traders have been relatively bearish on Builders FirstSource (BLDR), hence the stock is down -5.11% 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 -2.2% relative to the S&P 500. The 4-week change in the price of the stock is -4.13% and the stock has fallen -2.15% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.32% and the 50-Day Moving Average is 1.46%. Builders FirstSource (NASDAQ:BLDR): On Fridays trading session , Opening price of the stock was $12.44 with an intraday high of $12.57. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.11. However, the stock managed to close at $12.29, a loss of 1.29% for the day. On the previous day, the stock had closed at $12.45. The total traded volume of the day was 1,728,736 shares.
The company Insiders own 36.2% of Builders FirstSource shares according to the proxy statements. Institutional Investors own 84.06% of Builders FirstSource shares. During last six month period, the net percent change held by insiders has seen a change of -97.34%. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Builders FirstSource (NASDAQ:BLDR). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $12 per share to $14 per share. The rating by the firm was issued on August 8, 2016.
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.