Shares of Eagle Materials Inc (NYSE:EXP) traded today at $164.32, eclipsing its 52-week high. Approximately 228,000 shares have changed hands today, as compared to an average 30-day volume of 312,000 shares.
Eagle Materials Inc (NYSE:EXP) defies analysts with a current price ($160.79) 4.0% above its average consensus price target of $154.28.
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Eagle Materials Inc share prices have moved between a 52-week high of $164.32 and a 52-week low of $86.04 and are now trading 87% above that low price at $160.79 per share.
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