Quanex Building Products Corp (NX) Shares Gap Down to $28.81 on Nov 28

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Nov 28, 2024

Shares of Quanex Building Products Corp (NX, Financial) fell 6.67% in mid-day trading on Nov 28. The stock reached an intraday low of $28.80, before recovering slightly to $28.81, down from its previous close of $30.87. This places NX 26.70% below its 52-week high of $39.31 and 15.94% above its 52-week low of $24.85. Trading volume was 438,474 shares, 123.9% of the average daily volume of 353,803.

Wall Street Analysts Forecast

Based on the one-year price targets offered by 4 analysts, the average target price for Quanex Building Products Corp (NX, Financial) is $38.00 with a high estimate of $42.00 and a low estimate of $35.00. The average target implies an upside of 31.90% from the current price of $28.81. More detailed estimate data can be found on the Quanex Building Products Corp (NX) Forecast page.

Based on the consensus recommendation from 2 brokerage firms, Quanex Building Products Corp's (NX, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.