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TheStreet Wire

Louisiana-Pacific Stock Hits New 52-Week High (LPX)

By TheStreet Wire 08/07/12 - 04:05 PM EDT

Find out if (LPX) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Louisiana-Pacific (NYSE:LPX) hit a new 52-week high Tuesday as it is currently trading at $11.76, above its previous 52-week high of $11.75 with 2.9 million shares traded as of 3:40 p.m. ET. Average volume has been 3.7 million shares over the past 30 days.

Louisiana-Pacific has a market cap of $1.54 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 38.8% year to date as of the close of trading on Monday.

Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction.

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TheStreet Ratings rates Louisiana-Pacific as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. You can view the full Louisiana-Pacific Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

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