Huttig Building Products (HBP) Getting Somewhat Favorable Press Coverage, Analysis Finds
Press coverage about Huttig Building Products (NASDAQ:HBP) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Huttig Building Products earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.6874749257134 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Separately, Singular Research initiated coverage on shares of Huttig Building Products in a research report on Monday, November 27th. They issued a “buy” rating and a $9.75 price objective for the company.
Shares of Huttig Building Products (HBP) traded up $0.13 during trading hours on Tuesday, hitting $6.77. 48,200 shares of the stock traded hands, compared to its average volume of 108,061. Huttig Building Products has a 12 month low of $5.00 and a 12 month high of $9.24. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.18 and a current ratio of 2.45. The firm has a market cap of $171.84, a PE ratio of 47.43 and a beta of 1.70.
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.
Receive News & Ratings for Huttig Building Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huttig Building Products and related companies with MarketBeat.com's FREE daily email newsletter.