BlueLinx (NYSE:BXC) released its quarterly earnings results on Wednesday. The construction company reported ($1.74) EPS for the quarter, Morningstar.com reports. BlueLinx had a return on equity of 202.65% and a net margin of 0.82%.
BXC stock opened at $25.34 on Thursday. The company has a debt-to-equity ratio of 326.37, a quick ratio of 1.44 and a current ratio of 3.15. BlueLinx has a 12 month low of $19.08 and a 12 month high of $46.42. The stock has a market capitalization of $287.18 million, a price-to-earnings ratio of 7.92 and a beta of 2.07.
In other news, major shareholder Nokomis Capital, L.L.C. bought 49,117 shares of the firm’s stock in a transaction on Monday, December 24th. The shares were purchased at an average cost of $20.48 per share, with a total value of $1,005,916.16. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.16% of the stock is owned by company insiders.
Separately, ValuEngine lowered shares of BlueLinx from a “hold” rating to a “sell” rating in a research report on Thursday.
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BlueLinx Holdings Inc, together with its subsidiaries, distributes building and industrial products in the United States. It distributes structural products, including plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and flooring in construction projects; and specialty products comprising exterior roofing, insulation, engineered wood, vinyl, metal, moulding, spruce, and cedar products.
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