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Shares of Owens Corning Rise to a New 52-Week High

By David Diaz

Owens Corning (NYSE:OC) traded today at a new 52-week high of $64.32. Approximately 166,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

In the past 52 weeks, shares of Owens Corning have traded between a low of $37.29 and a high of $64.32 and are now at $63.97, which is 72% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

Based on a current price of $63.97, Owens Corning is currently 6.9% above its average consensus analyst price target of $59.53. Owens Corning shares have support at the 50-day moving average (MA) of $47.45 and additional support at the 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.

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