Somewhat Favorable News Coverage Somewhat Unlikely to Affect Huttig Building Products (HBP) Share Price

Media stories about Huttig Building Products (NASDAQ:HBP) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Huttig Building Products earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.437365860192 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Huttig Building Products (HBP) opened at $5.87 on Tuesday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.18 and a current ratio of 2.45. Huttig Building Products has a 12-month low of $5.00 and a 12-month high of $9.24. The firm has a market capitalization of $155.02, a PE ratio of 42.79 and a beta of 1.72.

Huttig Building Products (NASDAQ:HBP) last issued its earnings results on Monday, October 30th. The company reported $0.05 earnings per share for the quarter. Huttig Building Products had a return on equity of 5.22% and a net margin of 0.34%. The business had revenue of $199.60 million for the quarter.

Separately, TheStreet lowered Huttig Building Products from a “b-” rating to a “c” rating in a research report on Tuesday, August 1st.

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About Huttig Building Products

Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.

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