
Louisiana-Pacific Stock Falls On Unusually High Volume (LPX)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Wednesday with 9.7 million shares changing hands. It is currently at four times its average daily volume and trading down 23 cents (-2.8%) at $8.03 as of 3:45 p.m. ET.
Louisiana-Pacific has a market cap of $1.28 billion and is part of the
sector and
industry. Shares are up 2.4% year to date as of the close of trading on Tuesday.
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.
TheStreet Ratings rates Louisiana-Pacific as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full
Louisiana-Pacific Ratings Report
.
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