Zacks Investment Research downgraded Norbord Inc. (NYSE:OSB) to Hold in a report released today.
- Updated: October 2, 2016
Yesterday Norbord Inc. (NYSE:OSB) traded 0.23% higher at $24.53. The company’s 50-day moving average is $24.48 and its 200-day moving average is $21.96. The last closing price is up 17.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 11,300 shares of the stock traded hands, down from an average trading volume of 11,406
Zacks Investment Research has downgraded Norbord Inc. (NYSE:OSB) to Hold in a report released on 9/28/2016.
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Norbord Inc. has a 52 week low of $15.12 and a 52 week high of $25.98 with a P/E ratio of 31.33 The company’s market cap is currently $0.
General Information About Norbord Inc. (NYSE:OSB)
Norbord Inc., together with its subsidiaries, manufactures, sells, markets, and distributes wood-based panels for retail chains, contractor supply yards, and industrial customers primarily in North America and Europe. The company offers oriented strand boards for use in sheathing, flooring, and roofing in home construction applications; particleboards that are used in flooring and other construction applications; and medium density fibreboards for use in cabinet doors, mouldings, and interior wall paneling applications, as well as related value-added products for use in the construction of new homes, and renovation and repair of existing structures. It markets its products under the Durastrand pointSIX, Pinnacle, Stabledge, pointSIX and Truflor, SteadiTred, QuakeZone, Tallwall, Trubord and Windstorm, SolarBord, SterlingOSB, Caberwood, and Conti and Caberboard brands. The company was formerly known as Nexfor Inc. and changed its name to Norbord Inc. in June 2004. Norbord Inc. was founded in 1987 and is headquartered in Toronto, Canada.
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