Zacks Investment Research upgraded Houston Wire & Cable Company (NASDAQ:HWCC) to Hold in a report released today.
- Updated: October 10, 2016
Zacks Investment Research has upgraded Houston Wire & Cable Company (NASDAQ:HWCC) to Hold in a report released on 10/11/2016.
Previously on 8/7/2015, Robert W. Baird reported on Houston Wire & Cable Company (NASDAQ:HWCC) reduced the target price from $10.00 to $9.00. At the time, this indicated a possible upside of 0.07%.
Yesterday Houston Wire & Cable Company (NASDAQ:HWCC) traded 0.33% higher at $6.15. The company’s 50-day moving average is $5.93 and its 200-day moving average is $5.98. The last closing price is up 2.81% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 22,768 shares of the stock traded hands, down from an average trading volume of 27,548
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Houston Wire & Cable Company has a 52 week low of $4.79 and a 52 week high of $7.71 The company’s market cap is currently $0.
General Information About Houston Wire & Cable Company (NASDAQ:HWCC)
Houston Wire & Cable Company is a holding company. The Company is engaged in provision of electrical and mechanical wire and cable, hardware and related services. It operates through sales of wire and cable, hardware and related services segment in the United States market. Its cable management program includes purchasing and storing inventory for product availability. The Company offers products in categories of wire and cable, including continuous and interlocked armor cable; control and power cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; lead and high temperature cable; medium voltage cable; premise and category wire and cable; primary and secondary aluminum distribution cable, and synthetic fiber rope slings, chain, shackles, and other related hardware. The Company also offers private branded products, including its brand LifeGuard, a low smoke zero halogen (LSZH) cable. Its products are used in repair and replacement work.
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