Doman Building Materials Group (OTCMKTS:CWXZF) Stock Price Down 2% – Here’s What Happened

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) shares traded down 2% during mid-day trading on Friday . The stock traded as low as $6.2110 and last traded at $6.2110. 4,307 shares traded hands during trading, a decline of 57% from the average session volume of 10,005 shares. The stock had previously closed at $6.34.

Wall Street Analyst Weigh In

Several research firms have weighed in on CWXZF. CIBC reiterated a “neutral” rating on shares of Doman Building Materials Group in a research note on Tuesday, August 12th. TD Securities restated a “buy” rating on shares of Doman Building Materials Group in a research report on Friday, August 8th. Finally, Desjardins began coverage on shares of Doman Building Materials Group in a report on Wednesday, October 29th. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Doman Building Materials Group presently has an average rating of “Moderate Buy”.

Doman Building Materials Group Price Performance

The stock’s fifty day moving average is $6.60 and its two-hundred day moving average is $6.35.

Doman Building Materials Group Company Profile

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.