Louisiana-Pacific Reaches New 52-Week High (LPX)

NEW YORK ( TheStreet) -- Louisiana-Pacific (NYSE: LPX) hit a new 52-week high Monday as it is currently trading at $11.52, above its previous 52-week high of $11.45 with 791,978 shares traded as of 10:50 a.m. ET. Average volume has been 3.4 million shares over the past 30 days.

Louisiana-Pacific has a market cap of $1.52 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 37.1% year to date as of the close of trading on Friday.

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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full Louisiana-Pacific Ratings Report.

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