Fletcher Building (OTCMKTS:FCREY) Stock Price Up 6.4% – Still a Buy?

Fletcher Building Limited (OTCMKTS:FCREYGet Free Report)’s stock price rose 6.4% during trading on Tuesday . The stock traded as high as $3.16 and last traded at $3.16. Approximately 551 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 475 shares. The stock had previously closed at $2.97.

Fletcher Building Stock Up 6.4 %

The company’s fifty day simple moving average is $3.10 and its two-hundred day simple moving average is $3.56.

About Fletcher Building

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Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.

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