Quanex Building Products Corp (NX) went down -6.67% yesterday: Is this the Most Sought-After Stock Today?

As on Wednesday, Quanex Building Products Corp (NYSE: NX) started slowly as it slid -6.67% to $28.81, before settling in for the price of $30.87 at the close. Taking a more long-term approach, NX posted a 52-week range of $24.85-$39.31.

It was noted that the giant of the Industrials sector posted annual sales growth of 6.92% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 26.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -23.00%. This publicly-traded company’s shares outstanding now amounts to $47.25 million, simultaneously with a float of $46.89 million. The organization now has a market capitalization sitting at $1.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.21, while the 200-day Moving Average is $31.19.

Quanex Building Products Corp (NX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Building Products & Equipment industry. Quanex Building Products Corp’s current insider ownership accounts for 0.77%, in contrast to 97.00% institutional ownership. According to the most recent insider trade that took place on Mar 21 ’24, this organization’s SVP General Counsel, Secretary sold 3,064 shares at the rate of 37.72, making the entire transaction reach 115,566 in total value, affecting insider ownership by 43,902. Preceding that transaction, on Mar 20 ’24, Company’s SVP General Counsel, Secretary sold 2,436 for 37.55, making the whole transaction’s value amount to 91,480. This particular insider is now the holder of 44,530 in total.

Quanex Building Products Corp (NX) Earnings and Revenue Records

Quanex Building Products Corp’s EPS decrease for this current 12-month fiscal period is -23.00% and is forecasted to reach 2.31 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.00% through the next 5 years, which can be compared against the 26.93% growth it accomplished over the previous five years trading on the market.

Quanex Building Products Corp (NYSE: NX) Trading Performance Indicators

Let’s observe the current performance indicators for Quanex Building Products Corp (NX). It’s Quick Ratio in the last reported quarter now stands at 1.58. The Stock has managed to achieve an average true range (ATR) of 0.92. Alongside those numbers, its PE Ratio stands at $12.81, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.26. Similarly, its price to free cash flow for trailing twelve months is now 15.22.

In the same vein, NX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.25, a figure that is expected to reach 0.55 in the next quarter, and analysts are predicting that it will be 2.31 at the market close of one year from today.

Technical Analysis of Quanex Building Products Corp (NX)

Through scrutinizing the latest numbers posted by the [Quanex Building Products Corp, NX], it can be observed that its last 5-days Average volume of 0.34 million was lower the volume of 0.35 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 42.77% While, its Average True Range was 0.98.

Raw Stochastic average of Quanex Building Products Corp (NX) in the period of the previous 100 days is set at 39.13%, which indicates a major rise in contrast to 0.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 35.44% that was lower than 53.26% volatility it exhibited in the past 100-days period.