Simpson Manufacturing Co. (NYSE:SSD) shares saw unusually-strong trading volume on Thursday . Approximately 117,504 shares were traded during mid-day trading, an increase of 2% from the previous session’s volume of 115,222 shares.The stock last traded at $44.30 and had previously closed at $43.88.

Separately, Zacks Investment Research lowered Simpson Manufacturing from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th.

The company’s 50-day moving average price is $42.04 and its 200 day moving average price is $38.85. The stock has a market cap of $2.17 billion and a PE ratio of 27.70.

Simpson Manufacturing (NYSE:SSD) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. During the same period last year, the company posted $0.43 earnings per share. The business earned $230 million during the quarter, compared to the consensus estimate of $227.12 million. The business’s revenue was up 6.1% compared to the same quarter last year. On average, equities research analysts predict that Simpson Manufacturing Co. will post $1.74 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 27th. Investors of record on Saturday, October 8th will be given a $0.18 dividend. The ex-dividend date is Wednesday, October 5th. This represents a $0.72 annualized dividend and a yield of 1.60%.

Simpson Manufacturing Co, Inc through its subsidiary, Simpson Strong-Tie Company Inc (SST), designs, engineers and manufactures wood construction products, including connectors, truss plates, fastening systems and lateral systems used in light-frame construction. It also offers concrete construction products used for concrete, masonry, steel and for concrete repair, protection and strengthening, including adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools and fiber reinforced materials.

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