Installed Building Products, In (symbol: IBP) was one of the worst losers
of the trading day today (2015-10-28), losing -14.03%. The number of shares
that changed hands was 900,873, or about 5 times the average daily volume
in the stock.
The closing price was $21.57, amounting to a market cap of $673,780,000,
about -28.03% off the highest price in the last 12 months. The stock has
been trading at a range between $14.07 and $29.97.
IBP is in the Homebuilding industry, part of the Basic Industries sector.
It first went public in 2014.
Looking at its valuation, the stock is now trading at 35.89 times earnings.
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