Doman Building Materials Group (OTCMKTS:CWXZF) Stock Price Down 1.9% – Here’s What Happened

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) fell 1.9% on Monday . The stock traded as low as $7.3980 and last traded at $7.3980. 100 shares changed hands during trading, a decline of 99% from the average session volume of 12,047 shares. The stock had previously closed at $7.54.

Wall Street Analyst Weigh In

Separately, Desjardins began coverage on shares of Doman Building Materials Group in a research note on Wednesday, October 29th. They issued a “buy” rating for the company. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Doman Building Materials Group Stock Performance

The company’s 50-day simple moving average is $7.19 and its 200-day simple moving average is $6.84.

About Doman Building Materials Group

Doman Building Materials Group is a Canadian integrated building products business involved in the manufacturing, marketing and distribution of forest products for the residential and commercial construction sectors. The company offers a range of dimension lumber, engineered wood components, value-added panel products and related building materials to building supply dealers, prefabricators and end-use customers. Through its network of manufacturing facilities and regional distribution centres, Doman Building Materials Group serves markets across Western Canada and portions of the U.S.