TopBuild Corp. (BLD) had a good day on the market for Friday November 01 as shares jumped 6.1% to close at $110.27. About 614,784 shares traded hands on 8,689 trades for the day, compared with an average daily volume of n/a shares out of a total float of 34.28 million. After opening the trading day at $105.10, shares of TopBuild Corp. stayed within a range of $110.29 to $104.75.
With today’s gains, TopBuild Corp. now has a market cap of $3.78 billion. Shares of TopBuild Corp. have been trading within a range of $106.82 and $41.27 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
TopBuild Corp is an installer and distributor of insulation products. The company operates two businesses: Truteam and Service Partners. Trueteam installs insulation products in residential and commercial building projects, primarily as a contractor to custom builders and big builders. Service Partners is a distributor of insulation and selected building products. Its main customers are contractors. Other products include gutters, afterpaint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.
TopBuild Corp. is based out of Daytona Beach, FL and has some 10,300 employees. Its CEO is Gerald Volas.
TopBuild Corp. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
