Among the S&P 500’s biggest fallers on Wednesday February 28 was Fortune Brands Home & Security Inc. (FBHS). The stock experienced a 2.98% decline to $60.66 with 2.1 million shares changing hands.
Fortune Brands Home & Security Inc. started at an opening price of 62.88 and hit a high of $62.88 and a low of $60.65. Ultimately, the stock took a hit and finished the day at $1.86 per share. Fortune Brands Home & Security Inc. trades an average of 1.25 million shares a day out of a total 151.8 million shares outstanding. The current moving averages are a 50-day SMA of $67.62 and a 200-day SMA of $65.30. Fortune Brands Home & Security Inc. hit a high of $73.62 and a low of $57.53 over the last year.
Fortune Brands Home & Security Inc is a leading home and security products company. It operates four business segments; through which it sells branded products such as cabinets and vanities, sells faucets, showers, locks and security devices, and doors.
With its headquarters located in Deerfield, IL, Fortune Brands Home & Security Inc. employs 22,700 people. After today’s trading, the company’s market cap has fallen to $9.21 billionAs for its value, =Fortune Brands Home & Security Inc.?>
has a P/E ratio of <20.6, a P/S of 1.8, a P/B of 3.62, and a P/FCF of 47.4.
To dig deeper into the fundamentals of Fortune Brands Home & Security Inc. and perform your own analysis, visit our Stock Valuation Analysis tool for FBHS.
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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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