Foundation Building Materials, Inc. (FBM) Is Forming Bullish Double Top Pattern at $15.29

June 29, 2018 - By Gregory Tomko

Foundation Building Materials, Inc. (FBM) forms a double top chart pattern today and has $16.51 price target or 8.00 % above today’s $15.29 share price. The $655.63 million company points out low risk because of the 5 months chart pattern. Finviz.com posted this chart pattern on Jun, 29. The company’s valuation will be $52.45M more at $16.51 price target.

Ticker’s shares touched $15.285 during the last trading session after 1.63% change.Currently Foundation Building Materials, Inc. is uptrending after 7.34% change in last June 29, 2017. FBM has 63,238 shares volume. The stock underperformed the S&P500 by 5.23%.

On August, 2 is awaited Foundation Building Materials, Inc. (NYSE:FBM)’s earnings report, as reported by Faxor. This year’s EPS analyst estimate is awaited to be $0.18. That is 500.00 % up compareed to $0.03 EPS for last year. This could be $7.72 million profit for FBM assuming the current $0.18 EPS will become reality. 1,700.00 % EPS growth is what Wall Street’s predicts after $0.01 reported EPS previous quarter.

There’s a substantial Foundation Building Materials, Inc. (NYSE:FBM) news announced by Ocbj.com. It’s an article titled: “Midday Stock Roundup” on June 28, 2018.

Foundation Building Materials, Inc. (NYSE:FBM) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.