News stories about Huttig Building Products (NASDAQ:HBP) have been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Huttig Building Products earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.0100071837096 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Singular Research assumed coverage on Huttig Building Products in a research report on Monday, November 27th. They set a “buy” rating and a $9.75 price objective for the company.
Huttig Building Products (NASDAQ HBP) traded up $0.05 during trading hours on Wednesday, reaching $6.00. The company had a trading volume of 74,604 shares, compared to its average volume of 48,549. Huttig Building Products has a twelve month low of $4.89 and a twelve month high of $9.24. The firm has a market cap of $153.64, a price-to-earnings ratio of -20.55 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.
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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