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American Woodmark Corp. (NASDAQ:AMWD)’s share price traded down 12.1% during trading on Tuesday after the company announced weaker than expected quarterly earnings, American Banking reports. The stock traded as low as $31.11 and last traded at $31.96, with a volume of 714,867 shares traded. The stock had previously closed at $36.36.

The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.11. The company had revenue of $169.03 million for the quarter, compared to the consensus estimate of $171.22 million.

The stock’s 50-day moving average is $36.41 and its 200-day moving average is $35.17. The company has a market cap of $492.7 million and a P/E ratio of 28.86.

American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets.

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