BlueLinx Holdings Inc. (NYSE:BXC) Director Kim S. Fennebresque sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, September 13th. The stock was sold at an average price of $53.66, for a total transaction of $187,810.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.
NYSE:BXC traded down $2.81 during midday trading on Tuesday, reaching $51.16. The stock had a trading volume of 331,539 shares, compared to its average volume of 202,041. The firm has a fifty day simple moving average of $50.50 and a two-hundred day simple moving average of $47.81. BlueLinx Holdings Inc. has a 12-month low of $17.10 and a 12-month high of $70.38. The company has a quick ratio of 1.64, a current ratio of 3.10 and a debt-to-equity ratio of 2.53. The stock has a market cap of $497.48 million, a P/E ratio of 1.99 and a beta of 1.87.
BlueLinx (NYSE:BXC) last posted its quarterly earnings data on Monday, August 2nd. The construction company reported $11.61 earnings per share for the quarter, beating analysts’ consensus estimates of $4.96 by $6.65. BlueLinx had a net margin of 6.15% and a return on equity of 213.94%. The firm had revenue of $1.31 billion for the quarter.
Separately, Loop Capital raised their target price on shares of BlueLinx from $52.00 to $65.00 and gave the stock a “hold” rating in a research report on Thursday, August 26th.
BlueLinx Company Profile
BlueLinx Holdings, Inc engages in the distribution of building and industrial products. Its products include two principal categories: structural and specialty. The Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products used for structural support, walls, and flooring in construction projects.
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