China Metro Rural (NYSEMKT:CNR) Downgraded by Zacks Investment Research
According to Zacks, “Cornerstone Building Brands Inc. is the manufacturer of exterior building products primarily in North America. The company manufactures windows, vinyl siding, insulated metal panels, metal roofing and wall systems and metal accessories. Cornerstone Building Brands Inc., formerly known as NCI Building Systems Inc., is headquartered in Cary, North Carolina. “
In related news, Director Gary L. Forbes bought 10,000 shares of the stock in a transaction on Friday, May 31st. The shares were purchased at an average price of $4.45 per share, with a total value of $44,500.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Brian P. Boyle bought 15,000 shares of the stock in a transaction on Friday, June 7th. The shares were bought at an average cost of $4.29 per share, for a total transaction of $64,350.00. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 230,000 shares of company stock worth $1,134,650.
China Metro-Rural Holdings Limited is a developer and operator of integrated agricultural logistics and trade centers in China. The Company’s segments include agricultural logistics, and rural-urban migration and city re-development. The Company’s agricultural logistics business includes development and operation of integrated agricultural logistics and trade centers and supporting facilities, and property management, which engages in the management of developed properties within the logistics platforms, known as China Northeast Logistics Cities.
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