News stories about BlueLinx (NYSE:BXC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BlueLinx earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 44.0217548573224 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several brokerages recently commented on BXC. ValuEngine downgraded BlueLinx from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. TheStreet upgraded BlueLinx from a “d” rating to a “c” rating in a report on Wednesday, October 11th.
BlueLinx (BXC) traded up $0.42 during midday trading on Thursday, hitting $10.59. 172,741 shares of the stock were exchanged, compared to its average volume of 93,580. The company has a current ratio of 2.06, a quick ratio of 1.02 and a debt-to-equity ratio of -13.52. BlueLinx has a 52 week low of $6.36 and a 52 week high of $11.78. The firm has a market capitalization of $92.62, a P/E ratio of 4.95 and a beta of 2.29.
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BlueLinx Company Profile
BlueLinx Holdings, Inc is a distributor of building products in North America. The Company operates its distribution business through a network of approximately 40 distribution centers. It serves metropolitan areas in the United States and delivers building products to a range of wholesale and retail customers.
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