Stock to Keep Your Eyes on: Quanex Building Products Corporation (NYSE: NX)

On Friday, Shares of Quanex Building Products Corporation (NYSE: NX) showed the bearish trend with a lower momentum of -0.20% and ended its trading session at $15.28. The company traded total volume of 31,243 shares as contrast to its average volume of 178.63K shares. The company has a market value of $540.90M and about 35.33M shares outstanding.

Quanex Building Products Corp. (NX) stated fiscal third-quarter earnings of $10.80M. On a per-share basis, the Houston-based company said it had profit of 31 cents. Earnings, adjusted for non-recurring costs, came to 33 cents per share. The housing materials maker posted revenue of $239.80M in the period.

The Company offered net profit margin of 3.50% while its gross profit margin was 21.80%. ROE was recorded as 7.30% while beta factor was 0.86. The stock, as of recent close, has shown the weekly upbeat performance of 0.33% which was maintained at -34.57% in this year.

Chad Pitman

Chad Pitman

I am Chad Pitman and I focus on breaking news stories and ensuring we (“Stocks Market Cap”) offer timely reporting on some of the most recent stories released through market wires about “Emerging Stocks”. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for specializing in quicker moving active shares with a short term view on investment opportunities and trends.

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