(VIANEWS) – The big lumber company is trading at 34% below its 52 week high. While this is true, the Nasdaq 100’s major players are only a few weeks away from their previous all-time highs.

GuruFocus reports that boise Cascade has a price-earnings rate of 6.3, which is significantly lower than the S&P 500’s current ratio of 34. This major index’s Shiller price-earnings rate is 38.

Book value for the lumber company is 1.96. Compared to this, Celanese Corp., Financial, which is one of the main components of S&P’s materials index, has a book value at 4.52. Vulcan Materials Co., (VMC. Financial), trades at 3.85 with book. Martin Marietta Materials Inc. (MLM Financial) has a book value of 3.75. A materials company that trades at less than two times the book value might be considered to be cheap in comparison with others within the same industry.

Lumber (LBS=f) is currently on bearish momentum. At 15:04 EST on Monday, 26 July, Lumber (LBS=f) is at $624.40 and 1.51% down since the last session’s close.

Volume

Today’s last reported volume for Lumber is 196, 100% below its average volume of 41685009610.35.

Lumber Range

Concerning Lumber’s daily highs and lows, it’s 1.347% up from its trailing 24 hours low of $616.10 and 10.8% down from its trailing 24 hours high of $700.00.

Volatility

Lumber’s last week, last month’s, and last quarter’s current volatility was a positive 4.90%, a negative 0.36%, and a positive 5.57%, respectively.

Lumber’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 5.83% (last week), 4.83% (last month), and 5.57% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Lumber’s commodity is considered to be oversold (<=20).

More news about Lumber (LBS=f).

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