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Us Concrete Inc: The Winning Streak Continues (USCR)

By Amy Schwartz

Shares of Us Concrete Inc (NYSE:USCR) traded today at $83.85, breaking its 52-week high. Approximately 103,000 shares have changed hands today, as compared to an average 30-day volume of 395,000 shares.

Us Concrete Inc share prices have moved between a 52-week high of $83.85 and a 52-week low of $42.82 and are now trading 92% above that low price at $82.34 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 0.7%.

Us Concrete Inc has overhead space with shares priced $82.34, or 3.5% below the average consensus analyst price target of $85.29. The stock should find initial support at its 50-day moving average (MA) of $60.34 and further support at its 200-day MA of $53.62.

US Concrete Inc. supplies concrete and related products. The Company supplies ready-mixed concrete, precast concrete, concrete block, aggregates, and concrete building materials. US Concrete serves the construction industry throughout the United States.

SmarTrend is monitoring the recent change of momentum in Us Concrete Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Us Concrete Inc in search of a potential trend change.

Keywords: 52 week high/lows us concrete inc

Ticker(s): USCR