• Return to Headlines

Shares of Owens Corning Rise Above Previous 52-Week High

By David Diaz

Shares of Owens Corning (NYSE:OC) traded today at $65.02, breaking its 52-week high. Approximately 94,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

Owens Corning (NYSE:OC) defies analysts with a current price ($64.49) 7.7% above its average consensus price target of $59.53. The stock should discover initial support at its 50-day moving average (MA) of $47.45 and subsequent support at its 200-day MA of $45.57.

Owens Corning Inc. offers insulation, roofing, siding, basement and acoustic systems for building and remodeling, composites solutions and asphalt.

Owens Corning share prices have moved between a 52-week high of $65.02 and a 52-week low of $37.29 and are now trading 73% above that low price at $64.49 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

SmarTrend is tracking the current trend status for Owens Corning and will alert subscribers who have OC in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows Owens Corning

Ticker(s): OC