StockNews.com started coverage on shares of BlueLinx (NYSE:BXC – Get Rating) in a report released on Thursday morning. The brokerage issued a hold rating on the construction company’s stock.
Separately, Benchmark boosted their price objective on shares of BlueLinx from $95.00 to $105.00 and gave the company a buy rating in a research report on Thursday, February 23rd.
BlueLinx Stock Down 5.1 %
Shares of BlueLinx stock opened at $72.81 on Thursday. The company has a current ratio of 5.11, a quick ratio of 2.81 and a debt-to-equity ratio of 0.95. The company’s fifty day simple moving average is $83.99 and its two-hundred day simple moving average is $73.49. The company has a market cap of $659.66 million, a P/E ratio of 2.38 and a beta of 1.65. BlueLinx has a 12-month low of $57.49 and a 12-month high of $100.01.
Institutional Trading of BlueLinx
BlueLinx Holdings, Inc engages in the distribution of building and industrial products. Its products include structural and specialty. The Structural products consist of plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood used for structural support, walls, and flooring in construction projects.
- Get a free copy of the StockNews.com research report on BlueLinx (BXC)
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