Shares of Owens Corning Inc (OC) Sees Large Outflow of Money

Owens Corning Inc (OC) traded higher in the last at $62.49, gaining 0.28 points or 0.45%. From the data available, it can be said that the stock did not make an impact in the money flow department with the net figure coming to be $(-1.61) million. The composite uptick value of $3.15 million was eclipsed by the accrued downtick value of $4.76 million, thereby ensuring the up/down ratio of 0.66. For the week, the shares have posted returns of 1.86%.A block trade registered during the day has revealed $0 million in upticks and $1.25 million in downticks. The up/down ratio in this case turned out to be 0. The net money flow for the block trade was $(-1.25) million.

Based on the Stock Research reports from financial advisors, there are 7 Analysts recommending as a Strong Buy, Investors should also note that 6 Stock brokerage firms are recommending to Hold the stock for short term. There are 2 Analysts recommending as a Strong Sell. Owens Corning Inc (NYSE:OC) rose 0.35% or 0.22 points on Thursday and made its way into the gainers of the day. After trading began at $62.43 the stock was seen hitting $62.79 as a peak level and $62.185 as the lowest level. The stock ended up at $62.43. The daily volume was measured at 934,055 shares. The 52-week high of the share price is $62.79 and the 52-week low is $44.68. The company has a market cap of $7,016 million.

Owens Corning Inc has a Price to Earnings ratio of 16.08 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.7. For the Most Recent Fiscal Year, Owens Corning Inc has a price to cash ratio of 8.68. For the Trailing twelve month period, company showed a Net Profit Margin of 6.92% and Return on Equity of the stock is 10.75%.

Owens Corning is a world leader in building materials systems and composite solutions. Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and stone, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Owens Corning has become a market-leading innovator of glass-fiber technology with sales.

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