Shares of Encore Wire Corp. (NASDAQ:WIRE), suppliers of a variety of interior electrical wire to the manufactured home industry have been on a bit of a tear: the stock has risen +11.42 percent in the last week, and +16.09 percent for the past four weeks, according to reports MHProNews has received from insidertradingreport.

Additionally, the shares have outperformed the S&P 500 by 7.9%, and by 12.98% for the last 4 weeks.

Recorded at $37.92 (Oct.11), shares of stock have a 52-week low of $29.36 and a 52-week high of $48.50, while the market cap is $788 million. The shares have fallen -$12.22 in the last three months, but remain ahead +1.85 percent year-to-date. The stock closed down today (Oct. 12) -2.05 percent at $37.18.

As MHProNews has reported here monthly since the rebound, HUD Code Home production continues growing. ##

(Image credit: Encore Wire Corp.)

Article submitted by Matthew J. Silver to Daily Business News