Could Hardwoods Distribution Inc Decline After Today’s Huge Increase?

 Could Hardwoods Distribution Inc Decline After Today's Huge Increase?

The stock of Hardwoods Distribution Inc (TSE:HWD) is a huge mover today! About 26,958 shares traded hands. Hardwoods Distribution Inc (TSE:HWD) has risen 1.73% since April 13, 2016 and is uptrending. It has underperformed by 2.89% the S&P500.
The move comes after 9 months positive chart setup for the $389.36 million company. It was reported on Nov, 17 by Barchart.com. We have $31.67 PT which if reached, will make TSE:HWD worth $288.13M more.

More news for Hardwoods Distribution Inc (TSE:HWD) were recently published by: Seekingalpha.com, which released: “Hardwoods Distribution: A Great Company At A Great Price” on February 18, 2016. Themiddlemarket.com‘s article titled: “Hardwoods Distribution Buys Rugby Architectural, As Building Products Percolate” and published on July 18, 2016 is yet another important article.

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 $389.36 million. The Firm operates through its Canada and United States divisions. It has a 15.06 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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