3 Stocks Pushing The Materials & Construction Industry Lower

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The Materials & Construction industry as a whole closed the day down 0.1% versus the S&P 500, which was down 0.6%. Laggards within the Materials & Construction industry included Avalon Holdings ( AWX), down 5.3%, Abengoa ( ABGB), down 2.3%, Comfort Systems USA ( FIX), down 1.7%, Continental Building Products ( CBPX), down 2.8% and CatchMark Timber ( CTT), down 1.7%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Continental Building Products ( CBPX) is one of the companies that pushed the Materials & Construction industry lower today. Continental Building Products was down $0.41 (2.8%) to $14.12 on light volume. Throughout the day, 71,761 shares of Continental Building Products exchanged hands as compared to its average daily volume of 170,400 shares. The stock ranged in price between $14.05-$14.51 after having opened the day at $14.30 as compared to the previous trading day's close of $14.53.

Continental Building Products has a market cap of $647.8 million and is part of the industrial goods sector. Shares are unchanged year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Continental Building Products a buy, no analysts rate it a sell, and 2 rate it a hold.

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