Quanex Building Products Corp (NYSE:NX) shares, rose in value, with the stock price up by 2.28% to the previous day’s close as strong demand from buyers drove the stock to $16.18.
Actively observing the price movement in the last trading, the stock closed the session at $15.82, falling within a range of $15.845 and $16.295. The value of beta (5-year monthly) was 1.094 whereas the PE ratio was 26.20 over 12-month period. Referring to stock’s 52-week performance, its high was $35.92, and the low was $15.53. On the whole, NX has fluctuated by -19.74% over the past month.
With the market capitalization of Quanex Building Products Corp currently standing at about $764.19 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-09. The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 1.98%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.85B, with a low estimate of 439M and a high estimate of 440.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 440.05M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NX currently trading nearly -10.33% and -16.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.73, while the 7-day volatility ratio is showing 5.21% which for the 30-day chart, stands at 6.20%. Furthermore, Quanex Building Products Corp (NX)’s beta value is 1.05, and its average true range (ATR) is 1.12.
A comparison of Quanex Building Products Corp (NX) with its peers suggests the former has fared considerably weaker in the market. NX showed an intraday change of 2.28% in last session, and over the past year, it shrunk by -54.38%%.
Data on historical trading for Quanex Building Products Corp (NYSE:NX) indicates that the trading volumes over the past 10 days have averaged 0.52 and over the past 3 months, they’ve averaged 511.15K. According to company’s latest data on outstanding shares, there are 47.23 million shares outstanding.
Nearly 1.00% of Quanex Building Products Corp’s shares belong to company insiders and institutional investors own 101.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.35 million shares as on 2025-03-31, resulting in a short ratio of 3.83. According to the data, the short interest in Quanex Building Products Corp (NX) stood at 688.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.39 million. The stock has fallen by -33.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NX stock heading into the next quarter.
