Builders FirstSource (BLDR) : Traders are bullish on Builders FirstSource (BLDR) as it has outperformed the S&P 500 by a wide margin of 6.99% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.63%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.15% in the last 1 week, and is up 6.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.48% and the 50-Day Moving Average is 7.05%.The 200 Day SMA reached 21.68%. Builders FirstSource, Inc. is up 12.21% in the last 3-month period. Year-to-Date the stock performance stands at 21.12%.
Builders FirstSource (NASDAQ:BLDR): The stock opened in the green at $13.55 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $13.69 and a low of $13.235 for the day. The stock did not find buyers even at the lows and closed at $13.42 recording a loss of -0.81%. 788,536 shares exchanged hands during the trading day. The stock had closed at $13.53 in the previous days trading.
Builders FirstSource, Inc. is a supplier and manufacturer of structural and related building products for residential new construction. The Company groups its building products and services into five product categories: Prefabricated Components, Windows & Doors, Lumber & Lumber Sheet Goods, Millwork, and Other Building Products & Services. The Companys Prefabricated Components are factory-built substitutes for job-site framing. The Windows & Doors category includes the manufacturing, assembly and distribution of windows, and the assembly and distribution of interior and exterior door units. The Lumber & Lumber Sheet Goods category includes dimensional lumber, plywood and oriented strand board (OSB) products. The Millwork category offers interior and exterior trim, columns and posts, as well as custom exterior features under the Synboard brand. The Other Building Products & Services category consists of various products, including hardware, composite materials, roofing and insulation.