Continental Building Products Inc (CBPX) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 5.71% to $14.69, a loss of $-0.89 per share. Starting at an opening price of $15.61 a share, the stock traded between $14.50 and $15.87 over the course of the trading day. Volume was 227,540 shares over 2,558 trades, against an average daily volume of 435,849 shares and a total float of 42.2 million.
The losses send Continental Building Products Inc down to a market cap of $619.92 million. In the last year, Continental Building Products Inc has traded between $24.21 and $15.09, and its 50-day SMA is currently $17.56 and 200-day SMA is $20.43.
The stock has a P/E Ratio of 39.9.
Continental Building Products Inc is a manufacturer of gypsum wallboard and complementary finishing products. The Company sells the products in the new residential, R&R and commercial construction markets.
Continental Building Products Inc is based out of Herndon, VA and has some 538 employees. Its CEO is James Bachmann.
For a complete fundamental analysis analysis of Continental Building Products Inc, check out Equities.com’s Stock Valuation Analysis report for CBPX. 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.
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