Doman Building Materials Group (CWXZF) to Release Earnings on Wednesday

Doman Building Materials Group (OTCMKTS:CWXZF) is expected to announce its resultson Wednesday, August 5th. Analysts expect Doman Building Materials Group to post earnings of $0.2194 per share and revenue of $642.40 million for the quarter.

Doman Building Materials Group Price Performance

Shares of CWXZF remained flat at $8.20 during mid-day trading on Wednesday. 18,483 shares of the stock traded hands, compared to its average volume of 12,066. The firm’s fifty day simple moving average is $7.90 and its two-hundred day simple moving average is $7.49. Doman Building Materials Group has a 52 week low of $5.35 and a 52 week high of $8.44.

Wall Street Analysts Forecast Growth

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Doman Building Materials Group in a research note on Tuesday, July 21st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About Doman Building Materials Group

Doman Building Materials Group is a Canadian integrated building products business involved in the manufacturing, marketing and distribution of forest products for the residential and commercial construction sectors. The company offers a range of dimension lumber, engineered wood components, value-added panel products and related building materials to building supply dealers, prefabricators and end-use customers. Through its network of manufacturing facilities and regional distribution centres, Doman Building Materials Group serves markets across Western Canada and portions of the U.S.