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Shares of Armstrong World Rise Above Previous 52-Week High

By James Quinn

Shares of Armstrong World (NYSE:AWI) traded at a new 52-week high today of $102.11. So far today approximately 58,000 shares have been exchanged, as compared to an average 30-day volume of 389,000 shares.

Armstrong World share prices have moved between a 52-week high of $102.11 and a 52-week low of $54.34 and are now trading 86% above that low price at $101.24 per share. The 200-day and 50-day moving averages have moved 0.58% higher and 0.76% higher over the past week, respectively.

Armstrong World Industries, Inc. designs and manufactures floors and ceilings in the United States and other countries around the world.

Armstrong World (NYSE:AWI) defies analysts with a current price ($101.24) 36.4% above its average consensus price target of $64.40. Armstrong World shares have support at the 50-day moving average (MA) of $94.71 and additional support at the 200-day MA of $76.55.

SmarTrend recommended that subscribers consider buying shares of Armstrong World on January 4th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $61.86. Since that recommendation, shares of Armstrong World have risen 61.6%. We continue to monitor AWI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows armstrong world

Ticker(s): AWI