Lawson Products (LAWS) was Downgraded by Barrington Research to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Barrington Research advised their investors in a research report released on Jul 22, 2016.
Lawson Products closed down -0.08 points or -0.39% at $20.49 with 7,960 shares getting traded on Wednesday. Post opening the session at $20.65, the shares hit an intraday low of $20.4 and an intraday high of $20.65 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Mar 3, 2016, Thomas Postek (director) purchased 10,000 shares at $17.43 per share price. According to the SEC, on Feb 26, 2016, Lee S Hillman (director) purchased 1,000 shares at $16.94 per share price. On Feb 23, 2016, Michael G Decata (CEO) purchased 1,000 shares at $16.75 per share price, according to the Form-4 filing with the securities and exchange commission.
Lawson Products Inc. (Lawson) is a distributor of products and services the industrial commercial institutional and government maintenance repair and operations (MRO) market. The Companys product categories include fastening systems fluid power specialty chemicals cutting tools and abrasives electrical aftermarket automotive supplies safety welding and metal repair and other. The Company offers approximately 300000 different core products for sale of which approximately 50000 products are maintained in its distribution centers. The Companys distribution centers are located in McCook Illinois; Suwanee Georgia; Fairfield New Jersey; Reno Nevada and in Mississauga Ontario Canada. The Companys customers operate in a range of industries including automotive repair commercial vehicle maintenance government manufacturing food processing distribution construction oil and gas mining wholesale and service and others.