Huttig Building Products Inc (NASDAQ:HBP) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.03 and traded as low as $1.92. Huttig Building Products shares last traded at $1.92, with a volume of 200 shares changing hands.
Separately, ValuEngine raised shares of Huttig Building Products from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.
The company has a current ratio of 2.55, a quick ratio of 1.08 and a debt-to-equity ratio of 3.53. The business’s fifty day moving average price is $2.02 and its two-hundred day moving average price is $2.30.
Huttig Building Products (NASDAQ:HBP) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.17). The company had revenue of $215.70 million for the quarter. Huttig Building Products had a negative net margin of 2.32% and a negative return on equity of 33.83%.
In other news, CMO David Fishbein sold 23,378 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $2.01, for a total transaction of $46,989.78. Following the sale, the chief marketing officer now directly owns 175,669 shares of the company’s stock, valued at $353,094.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 10.65% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of HBP. Mill Road Capital Management LLC boosted its holdings in Huttig Building Products by 12.7% in the second quarter. Mill Road Capital Management LLC now owns 1,901,911 shares of the company’s stock valued at $4,907,000 after purchasing an additional 214,910 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Huttig Building Products by 9.4% in the second quarter. Vanguard Group Inc. now owns 630,025 shares of the company’s stock valued at $1,625,000 after purchasing an additional 54,100 shares during the last quarter. Cutter & CO Brokerage Inc. purchased a new stake in Huttig Building Products in the second quarter valued at $26,000. Renaissance Technologies LLC boosted its holdings in Huttig Building Products by 2.5% in the second quarter. Renaissance Technologies LLC now owns 320,106 shares of the company’s stock valued at $826,000 after purchasing an additional 7,800 shares during the last quarter. Finally, BlackRock Inc. boosted its holdings in Huttig Building Products by 9.2% in the second quarter. BlackRock Inc. now owns 80,767 shares of the company’s stock valued at $208,000 after purchasing an additional 6,787 shares during the last quarter. 45.01% of the stock is currently owned by institutional investors.
About Huttig Building Products (NASDAQ:HBP)
Huttig Building Products, Inc, together with its subsidiaries, distributes millwork, building materials, and wood products for new residential construction, home improvement, remodeling, and repair work in the United States. The company offers various millwork products, including exterior and interior doors, pre-hung and factory finished door units, windows, patio doors, mouldings, frames, stair parts, and columns under the Therma-Tru, Masonite, Woodgrain, HB&G, Simpson Door, Final Frame, BrasPine, Arauco, Windsor Windows, and Rogue Valley Door brands.
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