Louisiana-Pacific Stock Hits New 52-Week High (LPX)
Louisiana-Pacific (NYSE:LPX) hit a new 52-week high Wednesday as it is currently trading at $15.51, above its previous 52-week high of $15.50 with 883,713 shares traded as of 9:56 a.m. ET. Average volume has been 3.9 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Louisiana-Pacific (NYSE: LPX) hit a new 52-week high Wednesday as it is currently trading at $15.51, above its previous 52-week high of $15.50 with 883,713 shares traded as of 9:56 a.m. ET. Average volume has been 3.9 million shares over the past 30 days. Louisiana-Pacific has a market cap of $1.98 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 82% 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.
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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, largely solid financial position with reasonable debt levels by most measures 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. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.