News articles about Huttig Building Products (NASDAQ:HBP) have been trending positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huttig Building Products earned a coverage optimism score of 0.36 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.9700900074761 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, Singular Research initiated coverage on Huttig Building Products in a research report on Monday, November 27th. They issued a “buy” rating and a $9.75 price target on the stock.
Shares of Huttig Building Products (NASDAQ HBP) traded up $0.01 during mid-day trading on Wednesday, hitting $5.96. The stock had a trading volume of 69,033 shares, compared to its average volume of 48,549. Huttig Building Products has a 12-month low of $4.89 and a 12-month high of $9.24. The firm has a market capitalization of $153.64, a price-to-earnings ratio of -20.69 and a beta of 1.61. The company has a quick ratio of 1.05, a current ratio of 2.54 and a debt-to-equity ratio of 1.53.
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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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