Owens Corning Inc New (NYSE:OC) traded today at a new 52-week high of $100.53. So far today approximately 137,000 shares have been exchanged, as compared to an average 30-day volume of 889,000 shares.
Owens Corning is a leading manufacturer of glass fiber utilized in composites and building materials. The Ohio-based company operates three reporting segments: composites, insulation, and roofing; each segment accounts for about one third of Owens Corning’s consolidated sales. The company’s end-market exposure breaks down as follows: 34% U.S. repair and remodel, 13% U.S. new residential construction, 19% U.S. commercial and industrial, and 34% international. Owens Corning emerged from asbestos-liability-related bankruptcy in 2006.
Based on a current price of $100.12, Owens Corning Inc New is currently 3.1% above its average consensus analyst price target of $97.00.
In the past 52 weeks, Owens Corning Inc New share prices are bracketed by a low of $36.18 and a high of $100.53 and is now at $100.12, 177% above that low price.
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