Owens Corning (OC) is Trading Lower on Unusual Volume for February 05

Equities Staff |

Owens Corning (OC) experienced unusually high volume on Feb. 05, as the stock lost 3.88% to a closing price of $43.61. The stock saw 2.22 million shares trade hands over the course of the day on 18,053 trades. Given that the stock’s average daily volume over the last month has been 1.43 million shares a day, this represents a pretty substantial spike over the norm.

Owens Corning has a P/B ratio of 1.36. It also has a P/E ratio of 21.2. The stock has traded between $48.50 and $37.29 over the last 52-weeks, its 50-day SMA is now $45.89, and its 200-day SMA $43.57.

Owens-Corning Inc is a producer of glass fiber technology. Its products glass fiber used to reinforce composite materials for transportation, marine, infrastructure, electronics, and wind-energy among others.

Headquartered in Toledo, OH, Owens Corning has 14,000 employees and is currently under the leadership of CEO Michael H. Thaman.

For a complete fundamental analysis analysis of Owens Corning, check out Equities.com’s Stock Valuation Analysis report for OC. 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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