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Quanex Building Has Returned 43.2% Since SmarTrend Recommendation (NX)

By David Diaz

SmarTrend identified a Downtrend for Quanex Building (NYSE:NX) on February 28th, 2020 at $16.90. In approximately 4 weeks, Quanex Building has returned 43.20% as of today's recent price of $9.60.

Over the past year, Quanex Building has traded in a range of $7.90 to $20.42 and is now at $9.60, 22% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 3.6%.

Quanex Building Products Corporation is an industry-leading manufacturer of components sold to Original Equipment Manufacturers (OEMs) in the building products industry. Quanex designs and produces energy-efficient fenestration products in addition to kitchen and bath cabinet components.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Quanex Building.

Log in and add Quanex Building (NX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights quanex building

Ticker(s): NX