Zacks Investment Research downgraded Masco Corporation (NYSE:MAS) to a Zacks Rank #5 (Strong Sell) on May 21. Masco has been witnessing sharp downward estimate revisions ever since it reported weak first-quarter fiscal 2014 results on Apr 24, 2014. Also, the stock price has declined slightly more than 7% since then. Masco Corporation (NYSE:MAS) stock performance was 0.14% in last session and finished the day at $21.30. Traded volume was 5.06million shares in the last session and the average volume of the stock remained 4.89million shares. The beta of the stock remained 2.16. Masco Corporation (NYSE:MAS) insider ownership is 1.30%.
PulteGroup, Inc. (NYSE:PHM), one of the leading homebuilding companies in the U.S. holds almost 50 markets throughout the country. The Bloomfield Hills based company is known to be the most versatile homebuilder in the nation. The company announced its quarterly cash dividend of $0.05 per share. PulteGroup, Inc. (NYSE:PHM) dropped -0.10 percent to $19.74 Thursday on volume of 5.19million shares. The intra-day range of the stock was $19.61 to $20.06. PulteGroup, Inc. (NYSE:PHM) has a market capitalization of $7.47billion.
Weyerhaeuser Company (NYSE:WY), one of the largest U.S. timber companies, is cutting up to 700 jobs as it struggles to keep inventories in line with softened demand for building materials. Weyerhaeuser Company (NYSE:WY)’s stock on May 29, 2014 reported a increase of 0.51% to the closing price of $31.27. Its fifty two weeks range is $26.38 -$32.00. The total market capitalization recorded $18.29billion. The overall volume in the last trading session was 6.10million shares. In its share capital, WY has 585.01million outstanding shares.
Trade-Ideas LLC identified Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) as a “perilous reversal” (up big yesterday but down big today) candidate. TheStreet Quant Ratings rates Ballard Power Systems as a sell. Among the areas we feel are negative, one of the most important has been poor profit margins. On Thursday, shares of Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) dropped -4.64% to close the day at $3.70. Company return on investment (ROI) is -24.20%. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) quarterly revenue growth is 3.35%.