Installed Building Products Inc. (IBP) Breaks into New 52-Week High on October 08 Session – Equities.com

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Installed Building Products Inc. is a Installed Building Products Inc is an insulation installer serving the residential new construction market. The company operates primarily in the United States.

IBP - Market Data & News

Shares of Installed Building Products Inc. (IBP) broke into a new 52-week high yesterday, hitting a peak of $114.70. Shares closed at $113.91 after opening at $112.66 for a move of 2.63%. The company now has a market cap of $3.39 billion.

Investors and traders can learn a lot about a stocks momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline.

For Installed Building Products Inc., the new 52-week high came on volume of 163,906. The stock has a float of 29.8 million shares and average daily volume of $n/a. It has a 50-day SMA of $n/a and a 200-day SMA of $n/a.

For a complete fundamental analysis analysis of Installed Building Products Inc., check out Equities.coms Stock Valuation Analysis report for IBP.

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Installed Building Products Inc is an insulation installer serving the residential new construction market. The company operates primarily in the United States. The company installs fiberglass, spray foam, cellulose, and radiant barrier. In addition to insulations, Installed Building Products offers installation services for garage doors, rain gutters, closet shelving, shower doors, mirrors, fireplaces, and bath and door hardware.

Installed Building Products Inc. is based out of Columbus, OH and has some 8,500 employees. Its CEO is Jeffrey W. Edwards.

Installed Building Products Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.

What's more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow Jones Industrial Average or S&P 500.

To get more information on Installed Building Products Inc. and to follow the companys latest updates, you can visit the companys profile page here: IBPs Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.coms Newsdesk. Also, dont forget to sign-up for our daily email newsletter to ensure you dont miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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Installed Building Products Inc. (IBP) Breaks into New 52-Week High on October 08 Session - Equities.com