Beacon Roofing Supply Inc. (BECN) Drops 5.64% on February 08

Equities Staff |

Beacon Roofing Supply Inc. (BECN) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 5.64% to $35.62, a loss of $-2.13 per share. Starting at an opening price of $37.67 a share, the stock traded between $35.33 and $38.25 over the course of the trading day. Volume was 684,570 shares over 6,564 trades, against an average daily volume of 437,708 shares and a total float of 58.91 million.

The losses send Beacon Roofing Supply Inc. down to a market cap of $2.1 billion. In the last year, Beacon Roofing Supply Inc. has traded between $44.01 and $25.99, and its 50-day SMA is currently $40.39 and 200-day SMA is $35.39.

The stock has a P/E Ratio of 30.7.

Beacon Roofing Supply Inc is engaged in the distribution of residential and non-residential roofing materials in the United States and Canada.

Beacon Roofing Supply Inc. is based out of Herndon, VA and has some 3,366 employees. Its CEO is Paul M. Isabella.

For a complete fundamental analysis analysis of Beacon Roofing Supply Inc., check out Equities.com’s Stock Valuation Analysis report for BECN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Enertopia Corp

Enertopia Corp is engaged in the exploration of lithium in Nevada, USA. The Company's project includes Central Nevada Lithium Brine Projects.

Private Markets

Uber

Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…

WayBetter

The spark hit Jamie when he saw co-workers competing to lose weight. Instead of pizzas and subs, they were eating salads and jogging along the river. Some were sneakily leaving…