What’s happening at Summit Materials, Inc. (NYSE:SUM)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 4.44% (or 1.04 points) to $24.44 from its previous close of $23.40. So is it the right moment to buy?
The shares had an increased trading volume of 3,208,388 contracts this session compared to the average daily volume of last 10 days of 1,937,325 contracts and they had an increased trading volume compared to the average daily volume of last 3 months of 1,272,703 contracts.
The indicator of a company’s profitability, the earnings per share ratio is 0.04. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is positive and tells you exactly how much money the company earned per share of its 112.3M outstanding stock.
The closing market price for this trading session was 117.24% over 52 weeks minimum price of $11.25 and 0.59% under 52 weeks maximum price of $24.59. Also the price is 18.25% greater than 200 day average of $20.67 and 5.04% greater than 50 day average of $23.27.
Latest news that might have contributed to the great perfomance of SUM today are:
- Mason Hawkins' Southeastern Curbs Stake in Summit Materials, published on Wed, 11 Dec 2019 18:02:33 +0000
- Hedge Funds Are Crazy About Summit Materials Inc (SUM), published on Fri, 06 Dec 2019 15:02:34 +0000
- Edited Transcript of SUM earnings conference call or presentation 30-Oct-19 3:00pm GMT, published on Wed, 20 Nov 2019 17:55:12 +0000