Louisiana-Pacific Corp. (LPX) is Trading Higher on Unusual Volume for February 15

Equities Staff |

Louisiana-Pacific Corp. (LPX) experienced unusually high volume on Feb. 15, as the stock gained 4.64% to a closing price of $14.42. The stock saw 4.23 million shares trade hands over the course of the day on 22,049 trades. Given that the stock’s average daily volume over the last month has been 2.23 million shares a day, this represents a pretty substantial spike over the norm.

Louisiana-Pacific Corp. has a P/B ratio of 2.01. The stock has traded between $18.97 and $13.31 over the last 52-weeks, its 50-day SMA is now $16.36, and its 200-day SMA $16.63.

Louisiana-Pacific Corp along with its subsidiaries is engaged in the manufacturing of building products. The Company's business segments are North America Oriented Strand Board, Siding, Engineered Wood Products and South America.

Headquartered in Nashville, TN, Louisiana-Pacific Corp. has 4,500 employees and is currently under the leadership of CEO Curtis M. Stevens.

For a complete fundamental analysis analysis of Louisiana-Pacific Corp., check out Equities.com’s Stock Valuation Analysis report for LPX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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