Building Products Stocks on our Scanner -- Research on Masco, Owens Corning, USG Corp., and Trex
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LONDON, June 23, 2014 /PRNewswire/ --
On Friday, June 20, 2014, the NASDAQ Composite ended at 4,368.04, up 0.20%, the Dow Jones Industrial Average advanced 0.15%, to finish the day at 16,947.08, and the S&P 500 closed at 1,962.87, up 0.17%. During the session, five out of ten sectors ended in positive. The S&P 500 Industrials Sector Index ended the day at 474.17, up 0.44%, with the index also advancing 6.49% in the previous three months. Investor-Edge has initiated coverage on the following equities: Masco Corp. (NYSE: MAS), Owens Corning (NYSE: OC), USG Corp. (NYSE: USG) and Trex Co. Inc. (NYSE: TREX). Free technical research on MAS, OC, USG and TREX can be downloaded upon signing up at:
http://www.investor-edge.com/4064-register
Masco Corp.'s stock finished the Friday's session 2.13% lower at $21.63. A total of 5.52 million shares were traded, which was close to its three months average volume of 5.46 million shares. The stock moved between $21.58 and $22.10 during the session. Although, Masco Corp.'s shares have gained 3.49% in the last one month, it has declined 0.41% in the previous three trading sessions and 5.01% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $21.61 is greater than its 50-day moving average of $21.25. Masco Corp.'s stock traded at a PE ratio of 23.11 and has a Relative Strength Index (RSI) of 49.64. Sign up today to read free research on MAS at:
http://www.investor-edge.com/4064-MAS-23Jun2014.pdf
On Friday, shares in Owens Corning fluctuated between $38.64 and $39.74 before ending the session 6.03% lower at $38.81. Owens Corning's stock reported a trading volume of 6.82 million shares, much above its three months average volume of 1.71 million shares. Shares of the company traded at a PE ratio of 15.95. Owens Corning's shares have declined 5.36% in the previous three trading sessions, 4.88% in the last one month and 4.69% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $41.15 and $40.27, respectively. Moreover, shares of the company have an RSI of 33.19. On the same day, Owens Corning announced that it has lowered its full-year 2014 earnings outlook due to continued volume weakness in its roofing business. Sign up today to read free research on OC at:
http://www.investor-edge.com/4064-OC-23Jun2014.pdf
USG Corp.'s stock edged 0.82% lower, to close the day at $30.14. The stock recorded a trading volume of 3.27 million shares, above its three months average volume of 2.02 million shares. The stock oscillated between $29.57 and $30.39 during the session. Although USG Corp.'s shares have lost 1.86% in the previous three trading sessions, it has advanced 1.45% in the last one month and 6.20% on YTD basis. The stock is trading above its 200-day moving average of $29.75, while the 200-day moving average is below USG Corp.'s 50-day moving average of $30.42. Additionally, the stock traded at a PE ratio of 39.24 and has an RSI of 44.81. Sign up today to read free research on USG at:
http://www.investor-edge.com/4064-USG-23Jun2014.pdf
On Friday, shares in Trex Co. Inc. recorded a trading volume of 1.90 million shares, higher than its three months average volume of 0.66 million shares. The stock ended the day at $29.41, which was 2.32% below its previous day's closing of $30.11, and registered an intraday range of $28.91 and $30.20. Shares of the company traded at a PE ratio of 35.62. Over the last three trading sessions and over the past one month, Trex Co. Inc.'s shares have declined 2.91% and 5.49%, respectively. Additionally, the stock has lost 26.04% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages of $34.01 and $33.28, respectively. Furthermore, shares of the company have an RSI of 32.80. Sign up today to read free research on TREX at:
http://www.investor-edge.com/4064-TREX-23Jun2014.pdf
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