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Shares of NX Down 15.8% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Quanex Building (NYSE:NX) on January 23rd, 2018 at $21.25. In approximately 2 months, Quanex Building has returned 15.76% as of today's recent price of $17.90.

In the past 52 weeks, Quanex Building share prices have been bracketed by a low of $15.40 and a high of $24.60 and are now at $17.90, 16% above that low price. The 200-day and 50-day moving averages have moved 0.26% lower and 1.00% higher over the past week, respectively.

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