Ply Gem Holdings Inc Sets New 1-Year Low at $12.70 (PGEM)
Shares of Ply Gem Holdings (NASDAQ:PGEM) hit a new 52-week low on Monday, American Banking & Market News reports. The company traded as low as $12.70 and last traded at $14.07, with a volume of 943,090 shares trading hands. The stock had previously closed at $16.99.
A number of research firms have recently commented on PGEM. Analysts at JPMorgan Chase & Co. downgraded shares of Ply Gem Holdings from an “overweight” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at Credit Suisse downgraded shares of Ply Gem Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 9th. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Ply Gem Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Monday, December 9th. They now have a $19.00 price target on the stock, up previously from $18.00. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $19.83.
Ply Gem Holdings has a 52 week low of $13.58 and a 52 week high of $24.46. The stock’s 50-day moving average is $17. and its 200-day moving average is $16.81. The company’s market cap is $945.0 million.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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