Masonite International Corp (NYSE:DOOR) shares, rose in value, with the stock price down by -0.11% to the previous day’s close as strong demand from buyers drove the stock to $131.61.
Actively observing the price movement in the last trading, the stock closed the session at $131.75. The PE ratio was 24.97 over 12-month period. Referring to stock’s 52-week performance, its high was $131.93, and the low was $76.87. On the whole, DOOR has fluctuated by 0.31% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.92B, with a low estimate of 699.63M and a high estimate of 734M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 721.18M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DOOR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.58, with the price of DOOR currently trading nearly 0.36% and 0.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.78, while the 7-day volatility ratio is showing 0.40% which for the 30-day chart, stands at 0.40%. Furthermore, Masonite International Corp (DOOR)’s beta value is 1.63, and its average true range (ATR) is 0.62.
A comparison of Masonite International Corp (DOOR) with its peers suggests the former has fared considerably weaker in the market. DOOR showed an intraday change of -0.11% in last session, and over the past year, it grew by 54.40%%.
Data on historical trading for Masonite International Corp (NYSE:DOOR) indicates that the trading volumes over the past 3 months, they’ve averaged 707.83K. According to company’s latest data on outstanding shares, there are 21.84 million shares outstanding.
Nearly 1.46% of Masonite International Corp’s shares belong to company insiders and institutional investors own 96.27% of the company’s shares. The stock has risen by 55.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DOOR stock heading into the next quarter.
