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Beacon Roofing Supply (NASDAQ:BECN) Downgraded to “Sell” at BidaskClub

Beacon Roofing (NASDAQ:BECN) has seen estimates for 2013 and 2014 fall recently. A recent downgrade has pushed the Zacks Rank to the lowest level. BECN is a Zacks Rank No. 5 (Strong Sell). It is the Bear of the Day. Recent Downgrade.

This way, telesales companies will be able to compile a list of possible customers that are the most likely to purchase their product.BidaskClub downgraded shares of Beacon Roofing Supply (NASDAQ:BECN) from a buy rating to a hold rating in a report issued on Friday, BidAskClub reports.

Beacon Roofing Supply BECN, -0.19% shares added more than 8.6% after the. The company said 200,000 of the shares offered would be sold by a selling stockholder. The offering was increased from 3.5.

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Beacon Roofing Supply (NASDAQ:BECN) Raised to Hold at BidaskClub; CSW Industrials (NASDAQ:CSWI) Rating Lowered to Sell at BidaskClub; TAL Education Group (NYSE:TAL) Rating Increased to Hold at valuengine; nephros (otcmkts:neph) stock rating Lowered by Zacks Investment Research; BidaskClub Upgrades Nathan’s Famous (NASDAQ:NATH) to Buy

Beacon Roofing Supply (NASDAQ:BECN) was upgraded by BidaskClub from a "sell" rating to a "hold" rating in a research note issued on Thursday, BidAskClub reports. Several other research analysts also recently commented on BECN. ValuEngine raised Beacon Roofing Supply from a "sell" rating to a "hold" rating in a research report on Thursday, May 9th.

Beacon Roofing Supply lies the upper part of a wide and falling trend in the short term, and this will normally pose a very Beacon Roofing Supply holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals.

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The Investor Relations website contains information about Beacon Roofing Supply’s business for Beacon is the largest publicly traded distributor of residential and commercial roofing materials and Within our complementary products offering, we sell a broad range of exterior and interior building.

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