One of the S&P 500’s big winners for Friday January 29 was Corning Inc. (GLW) as the company’s stock climbed 2.75% to $18.49 on volume of 6.41 million shares.
The stock opened at $18.11 and saw an intraday low of $18.10 and an intraday high of $18.50. All told, the day saw a per-share gain of $0.495. The stock’s average daily volume of 12.34 million and 1.18 billion shares outstanding. Corning Inc. now has a 50-day SMA is $18.00 and 200-day SMA is $18.68, and it has a 52-week high of $25.05 and a 52-week low of $15.42.
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.
Based out of Corning, NY, Corning Inc. has 34,600 employees and, after today’s trading, reached a market cap of $21.87 billion. Its P/S ratio is 3.09, P/B ratio is 1.21, and P/FCF ratio is n/a.
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.
The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.
While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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