Worth Watching Stocks: Taubman Centers, Inc. (NYSE:TCO) , Boise Cascade, L.L.C. (NYSE:BCC)

On 4/19/2017, Shares of Taubman Centers, Inc. (NYSE:TCO) closed at $66.48 in last trading day. After noting the initial trading entry at $66.44, it reached to a day’s high of $67.19 and moved to a day’s low of $66.42. The recent daily volume was 468.16 thousand as contrast to it’s an average volume of 443.76 thousand.

Technical Indicators:

The last close of the Taubman Centers, Inc. stock reflects that it traded up +0.81% from its 50-day moving average of $65.94. The stock traded below -5.65% to its 200-day MA of $70.46. Furthermore, it moved lower -18.61% from its 52-week high of $81.68 and +6.08% up from $62.67, which is 52-week low of the stock.

During the last month, Taubman Centers, Inc.’s (TCO) has changed 1.54% and performed -7.12% over the last 6 months. The mean rating score for this stock is at 2.70. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.71% in recent month and observed Weekly Volatility of 1.09%.

April 19, 2017 Land & Buildings Investment Management, LLC (together with its affiliates, “Land and Buildings”) announced  that it has issued an open letter to shareholders of Taubman Centers, Inc. (TCO) (“Taubman,” “Taubman Centers” or the “Company”) and has filed definitive proxy materials with the Securities and Exchange Commission in connection with its campaign to elect two highly-qualified directors – Charles Elson and Jonathan Litt – to the Taubman Board at the Company’s 2017 Annual Meeting of Shareholders.

Boise Cascade, L.L.C. (NYSE:BCC) finalized the last transaction at value of $29.55, with a daily change of +2.25% or +0.65 points. The company maintained volume of 441.95 thousand shares. In past trading day, the stock hit the maximum price of $30.40 and touched to minimum value of $29.20. It has a market cap of $ 1.13B.

Technical Indicators:

As of last trade close, the stock is trading  downside -3.04% from its one year high of $30.48 and moved +66.01% upward from $17.80, which is one year low of the stock.

The stock traded above +5.52% from its 50-day moving average of $28.00. Furthermore, the stock moved up +20.26% to its 200-day MA of $ 24.57.

Boise Cascade Company’s (BCC) moved with shift of -1.17% in the past week. Over the last three months, the shares of the company have changed 26.28% and performed 23.28% over the last six months. The stock currently has Monthly Volatility of 3.26% and Weekly Volatility of 2.68%.

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. Its Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine lumber, studs, and particleboards. This segment’s products are used primarily in new residential construction, residential repair-and-remodeling markets, and light commercial construction. It sells its products to wholesalers, home improvement centers, retail lumberyards, and industrial converters. The company’s Building Materials Distribution segment distributes a line of building materials, including engineered wood products, oriented strand boards, plywood, and lumber; and general line items, such as siding, metal products, insulation, roofing, and composite decking. Its products are used in the construction of new residential housing, including single-family, multi-family, and manufactured homes; the repair and remodeling of existing housing; the construction of light industrial and commercial buildings; and other industrial applications. This segment sells its products to retail lumberyards, home improvement centers, and specialty distributors. The company was founded in 2004 and is headquartered in Boise, Idaho.

 

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