Quanex Building Products Co. (NYSE:NX - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as $15.36 and last traded at $15.40, with a volume of 44122 shares. The stock had previously closed at $16.18.
Quanex Building Products Price Performance
The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.23 and a current ratio of 2.24. The company has a fifty day moving average price of $18.67 and a two-hundred day moving average price of $23.83. The company has a market cap of $767.62 million, a P/E ratio of 14.54, a PEG ratio of 0.68 and a beta of 1.08.
Quanex Building Products Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were paid a $0.08 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.32 dividend on an annualized basis and a yield of 1.97%. Quanex Building Products's dividend payout ratio is 52.46%.
Institutional Investors Weigh In On Quanex Building Products
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. increased its holdings in Quanex Building Products by 779.2% during the fourth quarter. Principal Financial Group Inc. now owns 1,956,454 shares of the construction company's stock worth $47,424,000 after buying an additional 1,733,932 shares during the last quarter. Pacer Advisors Inc. acquired a new position in shares of Quanex Building Products during the 4th quarter worth about $25,380,000. Deprince Race & Zollo Inc. increased its stake in shares of Quanex Building Products by 716.4% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,111,464 shares of the construction company's stock worth $26,942,000 after purchasing an additional 975,324 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in shares of Quanex Building Products by 442.5% in the 4th quarter. Balyasny Asset Management L.P. now owns 891,457 shares of the construction company's stock valued at $21,609,000 after purchasing an additional 727,125 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in Quanex Building Products by 29.2% in the 4th quarter. Ameriprise Financial Inc. now owns 1,988,029 shares of the construction company's stock valued at $48,190,000 after purchasing an additional 449,646 shares during the last quarter. Institutional investors own 97.48% of the company's stock.
Quanex Building Products Company Profile
(
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Quanex Building Products Corporation, together with its subsidiaries, provides components for the fenestration industry in the United States, rest of Europe, Canada, Asia, the United Kingdom, and internationally. The company operates through three segments: North American Fenestration, European Fenestration, and North American Cabinet Components.
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