The price of Quanex Building Products Corp (NYSE:NX) shares last traded on Wall Street fell -6.67% to $28.81.
NX stock price is now -1.38% away from the 50-day moving average and -7.63% away from the 200-day moving average. The market capitalization of the company currently stands at $1.36B.
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On April 02, 2020, The Benchmark Company recently initiated its ‘Buy’ rating on the stock quoting a target price of $13, while ‘Sidoti’ rates the stock as ‘Buy’
In other news, Cornett Paul, SVP General Counsel, Secretary sold 3,064 shares of the company’s stock on Mar 21 ’24. The stock was sold for $115,566 at an average price of $37.72. Upon completion of the transaction, the SVP General Counsel, Secretary now directly owns 43,902 shares in the company, valued at $1.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 20 ’24, SVP General Counsel, Secretary Cornett Paul sold 2,436 shares of the business’s stock. A total of $91,480 was realized by selling the stock at an average price of $37.55. This leaves the insider owning 44,530 shares of the company worth $1.28 million. A total of 0.77% of the company’s stock is owned by insiders.
During the past 12 months, Quanex Building Products Corp has had a low of $24.85 and a high of $39.31. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.36, and a quick ratio of 1.58. According to the stock market information, the enterprise value for the company is $1380173952, which is based on a 12.81 price-to-earnings ratio, a 0.91 price-to-earnings-growth ratio, and a beta of 1.27. The fifty day moving average price for NX is $29.2038 and a two-hundred day moving average price translates $31.2074 for the stock.
The latest earnings results from Quanex Building Products Corp (NYSE: NX) was released for 2024-07-31. The net profit margin was 6.88% and return on equity was 13.28% for NX. The company reported revenue of $280.35 million for the quarter, compared to $299.64 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.44 percent. For the current quarter, analysts expect NX to generate $491.94M in revenue.
