Huttig Building Products, Inc. (NASDAQ:HBP) posted its quarterly earnings results on Monday. The company reported $0.05 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $199.60 million during the quarter. Huttig Building Products had a return on equity of 5.29% and a net margin of 0.34%.
Huttig Building Products (NASDAQ HBP) opened at 6.72 on Wednesday. Huttig Building Products has a 12-month low of $4.65 and a 12-month high of $9.24. The firm has a 50-day moving average price of $7.06 and a 200 day moving average price of $6.81. The firm has a market cap of $173.86 million, a PE ratio of 30.83 and a beta of 1.81.
Hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new stake in Huttig Building Products during the second quarter worth approximately $157,000. California State Teachers Retirement System acquired a new stake in Huttig Building Products during the second quarter worth approximately $296,000. Finally, State Street Corp acquired a new stake in Huttig Building Products during the second quarter worth approximately $1,776,000. Hedge funds and other institutional investors own 51.77% of the company’s stock.
Separately, TheStreet cut Huttig Building Products from a “b-” rating to a “c” rating in a report on Tuesday, August 1st.
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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