Large Inflow of Money Detected in Builders FirstSource

Builders FirstSource (BLDR) stock had a bullish inflow of $0.85 million worth of trades on uptick and an outflow of $0.14 million in downticks on Thursday. The total uptick to downtick ratio stood at 6.24. The net money flow into the stock was $0.72 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.65 million. $0.65 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Builders FirstSource (BLDR) stock traded down $0.06 , and reached $12.57, a drop of -0.48% over the previous day. On a weekly basis, the stock is 1.86%, over the previous weeks close.


The stock has recorded a 20-day Moving Average of 10.52% and the 50-Day Moving Average is 9.95%. Shares have rallied 1.03% from its 1 Year high price. On Sep 14, 2015, the shares registered one year high at $16.69 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.57 and the 200 Day Moving Average price is recorded at $10.23.

Builders FirstSource (NASDAQ:BLDR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.86 and $12.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.67, notching a gain of 0.32% for the day. The total traded volume was 744,564 . The stock had closed at $12.63 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Crow M Chad, officer (President, COO, and CFO) of Builders Firstsource, Inc., had unloaded 117,250 shares at an average price of $11.96 in a transaction dated on June 9, 2016. The total value of the transaction was worth $1,402,310.

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.

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