Doman Building Materials Group (OTCMKTS:CWXZF) Trading 0.2% Higher – Should You Buy?

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF)’s share price traded up 0.2% on Wednesday . The company traded as high as $6.29 and last traded at $6.29. 17,528 shares traded hands during trading, an increase of 30% from the average session volume of 13,458 shares. The stock had previously closed at $6.28.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. TD Securities assumed coverage on shares of Doman Building Materials Group in a report on Tuesday, March 25th. They set a “buy” rating for the company. National Bankshares reaffirmed an “outperform” rating on shares of Doman Building Materials Group in a report on Monday, May 12th. Finally, CIBC reaffirmed a “neutral” rating on shares of Doman Building Materials Group in a report on Tuesday, May 13th.

Doman Building Materials Group Price Performance

The company’s 50 day moving average is $5.34 and its 200 day moving average is $5.58.

About Doman Building Materials Group

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.