Doman Building Materials Group (OTCMKTS:CWXZF) Stock Price Up 0.3% – What’s Next?

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) shares rose 0.3% during trading on Tuesday . The company traded as high as $6.95 and last traded at $6.95. Approximately 8,395 shares changed hands during trading, a decline of 15% from the average daily volume of 9,867 shares. The stock had previously closed at $6.93.

Analyst Ratings Changes

Separately, Desjardins assumed coverage on Doman Building Materials Group in a research note on Wednesday, October 29th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Doman Building Materials Group Stock Up 0.3%

The company’s fifty day moving average price is $6.45 and its two-hundred day moving average price is $6.56.

Doman Building Materials Group Company Profile

Doman Building Materials Group is a Canadian integrated building products business involved in the manufacturing, marketing and distribution of forest products for the residential and commercial construction sectors. The company offers a range of dimension lumber, engineered wood components, value-added panel products and related building materials to building supply dealers, prefabricators and end-use customers. Through its network of manufacturing facilities and regional distribution centres, Doman Building Materials Group serves markets across Western Canada and portions of the U.S.