Separately, ValuEngine upgraded shares of Gibraltar Industries from a sell rating to a hold rating in a research report on Sunday, October 27th.
Gibraltar Industries stock opened at $52.74 on Friday. The company has a 50-day simple moving average of $51.68 and a 200-day simple moving average of $46.31. The firm has a market capitalization of $1.65 billion, a P/E ratio of 24.64 and a beta of 1.49. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.46 and a current ratio of 1.81. Gibraltar Industries has a one year low of $33.93 and a one year high of $55.15.
Several large investors have recently bought and sold shares of ROCK. GW&K Investment Management LLC boosted its position in shares of Gibraltar Industries by 2,677.9% during the 3rd quarter. GW&K Investment Management LLC now owns 334,156 shares of the construction company’s stock valued at $15,351,000 after purchasing an additional 322,127 shares in the last quarter. Morgan Stanley lifted its stake in Gibraltar Industries by 1,530.1% during the second quarter. Morgan Stanley now owns 142,081 shares of the construction company’s stock valued at $5,734,000 after buying an additional 133,365 shares in the last quarter. Neumeier Poma Investment Counsel LLC purchased a new stake in Gibraltar Industries during the second quarter valued at about $4,068,000. Renaissance Technologies LLC lifted its stake in Gibraltar Industries by 42.2% during the second quarter. Renaissance Technologies LLC now owns 304,400 shares of the construction company’s stock valued at $12,286,000 after buying an additional 90,347 shares in the last quarter. Finally, Hodges Capital Management Inc. lifted its stake in Gibraltar Industries by 258.3% during the second quarter. Hodges Capital Management Inc. now owns 112,855 shares of the construction company’s stock valued at $4,555,000 after buying an additional 81,355 shares in the last quarter. Institutional investors own 99.14% of the company’s stock.
Gibraltar Industries Company Profile
Gibraltar Industries, Inc manufactures and distributes building products in North America and Asia. It operates through three segments: Residential Products, Industrial and Infrastructure Products, and Renewable Energy and Conservation. The Residential Products segment offers roof and foundation ventilation products and accessories, such as solar powered units; mail and electronic package solutions, including single mailboxes, cluster style mail and parcel boxes for single and multi-family housing, and electronic package locker systems; roof edgings and flashings; soffits and trims; drywall corner beads; metal roofing products and accessories; rain dispersion products comprising gutters and accessories; and exterior retractable awnings.
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