Doman Building Materials Group (OTCMKTS:CWXZF) Trading Down 0.7% – Should You Sell?

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF)’s share price traded down 0.7% on Friday . The stock traded as low as $6.27 and last traded at $6.27. 265 shares were traded during mid-day trading, a decline of 98% from the average session volume of 12,561 shares. The stock had previously closed at $6.32.

Wall Street Analysts Forecast Growth

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

Doman Building Materials Group Trading Down 0.7%

The company has a 50 day simple moving average of $6.24 and a 200 day simple moving average of $5.53.

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.