![]() ![]() The company offers NM-B cables, UF-B cables, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2, and other types of wire products, including SEU, SER, photovoltaic, URD, tray cables, metal-clads, and armored cables. “Another driver for today’s rise in the share price could be associated with the large short interest of 26.6 percent which could have prompted some short covering in the shares. Encore Wire Corporation engages in manufacture and sale of electrical building wires and cables in the United States. Year to date, Encore Wire Corp’s stock is up 19.18. Over the last year, Encore Wire Corp has hit prices as high as 206.74 and as low as 94.39. During the month of May, Encore Wire Corp’s stock price has reached a high of 172.45 and a low of 155.31. “This large gain in copper futures prices may have contributed to the interest in Encore’s call options,” Najarian said. Encore Wire Corp’s ( WIRE) price is currently up 9.09 so far this month. ![]() Create real-time notifications to follow any changes in the live stock. 2007, and the Companys Board of Directors has authorized several increases and annual extensions of this stock repurchase program, most recently on August 1, 2022, authorizing the repurchase of up to 2,000,000 shares of our common stock. March copper futures settled at eight-week highs on Friday, up 7.4 percent on the week. View todays Encore Wire Corporation stock price and latest WIRE news and analysis. Inside Encore Wire Corps 10-K Annual Report: Revenue - Product Highlight. Paul Foster, options strategist at Web information site, said March at-the-money option volatility stood at around 41 percentage points, up from Thursday’s approximate 32 percent reading, suggesting investors are bracing for a stock move.Īnother catalyst could be the rise in copper prices which broke out of a two-month trading range on prospects of more demand, notably from Asia. ![]() Eckert to Executive Vice President McKinney, TX - Encore Wire Corporation (NASDAQ Global Select: WIRE) tod. The demand for Encore’s options also pushed up its options implied or projected volatility - a statistical measure related to how much a stock is expected to move up or down in a rolling 12-month period calculated by options prices. Jones 97 DecemChairman, President & CEO Encore Wire Announces the Appointment of Bret J. Quarterly Conference Call Recording Investor Conference Presentations Company Stock Information & SEC Filings GAAP to Non-GAAP Additional Information. ![]()
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