Is This Stock a Screaming Buy: Huttig Building Products Inc. (NASDAQ:HBP)

Equity Research firms currently have a positive stance on shares of Huttig Building Products Inc. (NASDAQ:HBP). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.00 on a short term basis.

At the time of writing, the stock was trading at $5.63. This represents a change from the opening price of 2.18%. In terms of performance, year to date, the stock is 45.79%. The monthly stock performance comes in at -9.03%. For the quarter, shares are performing at -11.22%. Weekly performance analysis shows the equity at -2.98%.

In taking a look at technical levels, shares are trading -6.03% away from the 50 day simple moving average and 19.30% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -19.57% away from it’s 52- week high and 87.02% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Huttig Building Products Inc.’s RSI stands at 40.57. In looking at volatility levels, the shares saw weekly volatility of 3.83% and 3.68% over the past month.

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