Doman Building Materials Group (OTCMKTS:CWXZF) Stock Price Up 1.7% – Still a Buy?

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) shares traded up 1.7% on Thursday . The company traded as high as $6.43 and last traded at $6.43. 6,651 shares changed hands during trading, a decline of 47% from the average session volume of 12,555 shares. The stock had previously closed at $6.32.

Analyst Ratings Changes

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

Doman Building Materials Group Stock Performance

The stock has a fifty day simple moving average of $5.83 and a 200-day simple moving average of $5.52.

Doman Building Materials Group Company Profile

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.