BlueLinx (NYSE:BXC) issued its quarterly earnings data on Wednesday. The construction company reported ($1.74) earnings per share (EPS) for the quarter, Morningstar.com reports. The firm had revenue of $672.64 million for the quarter. BlueLinx had a return on equity of 202.65% and a net margin of 0.82%.
BlueLinx stock traded up $0.28 during mid-day trading on Thursday, hitting $25.62. The company’s stock had a trading volume of 28,284 shares, compared to its average volume of 111,959. The company has a market capitalization of $287.18 million, a PE ratio of 7.92 and a beta of 2.07. The company has a quick ratio of 1.44, a current ratio of 3.15 and a debt-to-equity ratio of 326.37. BlueLinx has a one year low of $19.08 and a one year high of $46.42.
In other BlueLinx news, major shareholder Nokomis Capital, L.L.C. acquired 105,989 shares of the business’s stock in a transaction on Wednesday, December 26th. The shares were bought at an average price of $20.31 per share, with a total value of $2,152,636.59. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.16% of the company’s stock.
Separately, ValuEngine upgraded BlueLinx from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.
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BlueLinx Company Profile
BlueLinx Holdings Inc, together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and flooring in construction projects; and specialty products comprising exterior roofing, insulation, engineered wood, vinyl, metal, moulding, spruce, and cedar products.
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