CanWel Building Materials Group Ltd (TSE:CWX) Director Purchases C$51,500.00 in Stock

CanWel Building Materials Group Ltd (TSE:CWX) Director Sam Fleiser purchased 10,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average price of C$5.15 per share, with a total value of C$51,500.00. Following the completion of the acquisition, the director now owns 24,675 shares in the company, valued at approximately C$127,076.25.

TSE:CWX traded up C$0.04 on Tuesday, reaching C$5.21. The stock had a trading volume of 138,428 shares, compared to its average volume of 137,091. The company has a current ratio of 2.57, a quick ratio of 0.94 and a debt-to-equity ratio of 120.59. The company has a 50-day moving average of C$4.59 and a 200 day moving average of C$4.65. The stock has a market cap of $400.48 million and a P/E ratio of 28.47. CanWel Building Materials Group Ltd has a 12-month low of C$4.19 and a 12-month high of C$5.42.

CWX has been the subject of a number of analyst reports. National Bank Financial decreased their price objective on shares of CanWel Building Materials Group from C$4.50 to C$3.75 and set a “sector perform” rating for the company in a research report on Thursday, October 10th. CIBC upped their price objective on shares of CanWel Building Materials Group from C$4.50 to C$5.00 in a research report on Tuesday, November 12th. Raymond James reissued an “outperform” rating and issued a C$5.50 price objective on shares of CanWel Building Materials Group in a research report on Monday, November 11th. Finally, Canaccord Genuity decreased their price objective on shares of CanWel Building Materials Group from C$4.25 to C$4.00 in a research report on Tuesday, August 6th.

CanWel Building Materials Group Company Profile

CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Building Materials Distribution and Forestry. The company sells decking and railing; engineered wood products; fasteners and adhesives; foundation; insulation and building envelope; interior finishing; lumber, plywood, OSB, and specialty industrial products; roofing and accessories; treated wood; exterior trim and décor products; welded panels; profiles and colors; fusion stones; exterior products; sidings, panels, shingles, and trims; and security and door ware products.

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Insider Buying and Selling by Quarter for CanWel Building Materials Group (TSE:CWX)

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