May 29, 2020

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Investors Alert: Patrick Industries, Inc. (NASDAQ:PATK) plan to release its financial results

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The USA based company Patrick Industries, Inc. (NASDAQ:PATK) moved with change of 0.39% to $49.19 with the total traded volume of 217817 shares in recent session versus to an average volume of 262.77K. The stock was observed in the 5 days activity at 4.73%. The one month performance of stock was 9.80%. PATK’s shares are at 39.70% for the quarter and driving a -14.67% return over the course of the past year and is now at 66.13% since this point in 2018.  Right now the stock beta is 1.9. The average volatility for the week and month was at 3.53% and 3.77% respectively. There are 23.63M shares outstanding and 22.38M shares are floated in market.

On April 11, 2019, Patrick Industries, Inc. (NASDAQ:PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufactured housing and industrial markets, reported that the company plan to release its first quarter 2019 financial results before the market opens on Thursday, April 25, 2019.

Patrick Industries also expects to host a conference call on Thursday, April 25, 2019 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Todd Cleveland – Chairman and Chief Executive Officer, Andy Nemeth – President, and Josh Boone – Chief Financial Officer.

Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, walls, countertops, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, solid surface, granite, and quartz countertop fabrication products; RV paintings; fabricated aluminum products; decorative vinyl and paper laminated panels; fiberglass and plastic components; softwoods lumber; custom cabinets; polymer-based flooring products; and electrical systems and components, including instrument and dash panels, and other products.

Patrick Industries, Inc. (NASDAQ:PATK) stock observed trading -27.13% off 52-week high price. On the other end, the stock has been noted 80.05% away from low price over the last 52-weeks. The stock disclosed a move of 10.27% away from 50 day moving average and 0.88% away from 200 day moving average. Moving closer, we can see that shares have been trading 9.01% off 20-day moving average. It has market cap of $1162.36M.

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