The key reasons why Owens Corning (OC) is -7.95% away from 52-week high?

Owens Corning (NYSE: OC) flaunted slowness of -3.34% at $175.93, before settling in for the price of $182.00 at the close. Taking a more long-term approach, OC posted a 52-week range of $109.95-$191.13.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 6.89%. Meanwhile, its Annual Earning per share during the time was 21.79%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.69%. This publicly-traded company’s shares outstanding now amounts to $87.20 million, simultaneously with a float of $86.08 million. The organization now has a market capitalization sitting at $15.30 billion. At the time of writing, stock’s 50-day Moving Average stood at $167.09, while the 200-day Moving Average is $165.02.

Owens Corning (OC) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Owens Corning industry. Owens Corning’s current insider ownership accounts for 1.00%, in contrast to 93.98% institutional ownership. According to the most recent insider trade that took place on Sep 19 ’24, this organization’s President, Composites sold 3,051 shares at the rate of 176.50, making the entire transaction reach 538,502 in total value, affecting insider ownership by 57,079. Preceding that transaction, on Sep 17 ’24, Company’s President, Composites sold 3,050 for 170.00, making the whole transaction’s value amount to 518,500. This particular insider is now the holder of 60,130 in total.

Owens Corning (OC) Earnings and Revenue Records

Owens Corning’s EPS increase for this current 12-month fiscal period is 6.69% and is forecasted to reach 16.37 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.13% through the next 5 years, which can be compared against the 21.79% growth it accomplished over the previous five years trading on the market.

Owens Corning (NYSE: OC) Trading Performance Indicators

Let’s observe the current performance indicators for Owens Corning (OC). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 5.35. Alongside those numbers, its PE Ratio stands at $14.90, and its Beta score is 1.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.55. Similarly, its price to free cash flow for trailing twelve months is now 11.32.

In the same vein, OC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.81, a figure that is expected to reach 4.04 in the next quarter, and analysts are predicting that it will be 16.37 at the market close of one year from today.

Technical Analysis of Owens Corning (OC)

Now, what If we examine the latest scores posted by [Owens Corning, OC]. During the last 5-days, its volume was better the volume of 0.68 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 72.49% While, its Average True Range was 5.60.

Raw Stochastic average of Owens Corning (OC) in the period of the previous 100 days is set at 60.14%, which indicates a major rise in contrast to 46.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.35% that was lower than 34.15% volatility it exhibited in the past 100-days period.