Corning Inc. (GLW) experienced unusually high volume on Dec. 21, as the stock lost 0.5% to a closing price of $18.00. The stock saw 22.79 million shares trade hands over the course of the day on 44,789 trades. Given that the stock’s average daily volume over the last month has been 11.75 million shares a day, this represents a pretty substantial spike over the norm.
Corning Inc. has a P/B ratio of 1.2. It also has a P/E ratio of 12. The stock has traded between $25.16 and $15.42 over the last 52-weeks, its 50-day SMA is now $18.12, and its 200-day SMA $19.30.
Corning Inc is engaged in manufacturing of specialty glass and ceramics. The Company's segments are Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials and Life Sciences.
Headquartered in Corning, NY, Corning Inc. has 34,600 employees and is currently under the leadership of CEO Wendell P. Weeks.
For a complete fundamental analysis analysis of Corning Inc., check out Equities.com’s Stock Valuation Analysis report for GLW. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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