What Will Happen to Hardwoods Distribution Inc Next? The Stock Just Declined A Lot

 What Will Happen to Hardwoods Distribution Inc Next? The Stock Just Declined A Lot

The stock of Hardwoods Distribution Inc (TSE:HWD) is a huge mover today! About 18,535 shares traded hands. Hardwoods Distribution Inc (TSE:HWD) has risen 5.72% since April 5, 2016 and is uptrending. It has outperformed by 0.94% the S&P500.
The move comes after 8 months negative chart setup for the $393.12 million company. It was reported on Nov, 9 by Barchart.com. We have $16.01 PT which if reached, will make TSE:HWD worth $51.11M less.

More recent Hardwoods Distribution Inc (TSE:HWD) news were published by: Themiddlemarket.com which released: “Hardwoods Distribution Buys Rugby Architectural, As Building Products Percolate” on July 18, 2016. Also Seekingalpha.com published the news titled: “Hardwoods Distribution: A Great Company At A Great Price” on February 18, 2016. Reuters.com‘s news article titled: “BRIEF-Hardwoods Distribution says closing conditions satisfied for Rugby A…” with publication date: July 15, 2016 was also an interesting one.

Hardwoods Distribution Inc. is a Canada firm engaged in the wholesale distribution of hardwood lumber and related sheet good and specialty products. The company has a market cap of $393.12 million. The Firm operates through its Canada and United States divisions. It has a 15.19 P/E ratio. The Company, through its subsidiaries, is engaged in operating a network of over 30 distribution centers in Canada and the United States.

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