Huttig Building Products (HBP) Given Coverage Optimism Rating of 0.17

Media stories about Huttig Building Products (NASDAQ:HBP) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Huttig Building Products earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.5127339726234 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Huttig Building Products (HBP) traded up 0.28% during trading on Friday, reaching $7.26. The company had a trading volume of 6,781 shares. The firm’s 50 day moving average price is $6.56 and its 200 day moving average price is $6.91. Huttig Building Products has a 12-month low of $4.65 and a 12-month high of $9.24. The firm has a market capitalization of $187.83 million, a PE ratio of 33.30 and a beta of 1.81.

Huttig Building Products (NASDAQ:HBP) last issued its quarterly earnings results on Tuesday, August 1st. The company reported $0.09 earnings per share for the quarter. The company had revenue of $198.70 million during the quarter. Huttig Building Products had a return on equity of 10.21% and a net margin of 0.79%. Analysts anticipate that Huttig Building Products will post $0.24 earnings per share for the current year.

Separately, TheStreet cut Huttig Building Products from a “b-” rating to a “c” rating in a report on Tuesday, August 1st.

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About Huttig Building Products

Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.

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