Quanex Building Stock Hits New 52-Week Low (NX)

NEW YORK ( TheStreet) -- Quanex Building Products (NYSE: NX) hit a new 52-week low Thursday as it is currently trading at $14.02, below its previous 52-week low of $14.06 with 45,998 shares traded as of 10:49 a.m. ET. Average volume has been 338,600 shares over the past 30 days.

Quanex Building has a market cap of $546.8 million and is part of the industrial goods sector and materials & construction industry. Shares are down 23.8% year to date as of the close of trading on Wednesday.

Quanex Building Products Corporation provides engineered products and aluminum sheet products. Its Engineered Products segment produces window and door components for original equipment manufacturers that primarily serve the residential construction and remodeling markets. The company has a P/E ratio of 42.9, below the average materials & construction industry P/E ratio of 45.6 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Quanex Building as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Quanex Building Ratings Report.

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