The latest on Louisiana-Pacific Corporation (NYSE:LPX)

Posted by Peter Lauro September 17, 2013 0 Comment 1677 views

In Monday’s trading session, Louisiana-Pacific Corporation (NYSE:LPX) stock moved above their 200-day moving average of $18.48 and exchanged hands at a high of $18.50 per share. The company’s stock rose by 5.32%. The opening price of the shares was $17.54 which moved up to an intraday high of $18.50 and dipped to close at $18.03. Approximately 8.55 million shares were traded on Monday and the average volume of shares traded over 30 days was 3.50 million. The company has a market capitalization of $2.53 billion.

About the company

Louisiana-Pacific Corporation (NYSE:LPX) is a company that manufactures building products. It operates in 4 segments: The North America abilify and wellbutrin Oriented-Strand Board segment, the Siding segment, the Engineered Wood Products segment and South America. As of 31 online casino deutschland December 2012, it owned 21 modern-located facilities in the U.S and Canada, 2 facilities in Chile and 1 facility in Brazil. It also operates 3 facilities via joint-ventures, for which it provides product distribution in North America and participates in a joint-venture operation that produces cellulose-insulation in numerous facilities.

Louisiana-Pacific Corporation (NYSE:LPX)’s products are primarily used in the construction of new homes, remodeling, repair and manufactured-housing. In 2013 May Canfor Corp announced that it has closed the sale withdrawal from cymbalta of its 50% stake in the Peace Valley Oriented Strand-Board joint venture located in Fort St. John to Louisiana-Pacific Corp.


Louisiana-Pacific Corporation (NYSE:LPX)’s OSB segment is involved in manufacturing and distributing OSB structural-panel products. This is a smart product that is made from wood-strands that are arranged in layers and then bonded with resin. OSB serves most of the uses as plywood such as roof-decking, sidewall-sheathing and floor-underlayment. In the year ended 31 December 2012, Louisiana-Pacific Corporation (NYSE:LPX)’s OSB segment accounted for almost 58 percent of the structural-panel consumption in the North American region. .

Other Products

Louisiana-Pacific Corporation (NYSE:LPX) other products segment includes decorative molding and the joint-venture that is involved in producing cellulose insulation. In addition, this category includes the remaining timberlands and timber as buying clomid online well as other minor products.

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