Vulcan Materials Company (VMC) : During the past 4 weeks, traders have been relatively bearish on Vulcan Materials Company (VMC), hence the stock is down -5.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.1% relative to the S&P 500. The 4-week change in the price of the stock is -4.71% and the stock has fallen -0.05% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.82% and the 50-Day Moving Average is 0.78%. Vulcan Materials Company (NYSE:VMC): On Fridays trading session , Opening price of the stock was $121.2 with an intraday high of $121.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $118.58. However, the stock managed to close at $118.92, a loss of 1.80% for the day. On the previous day, the stock had closed at $121.1. The total traded volume of the day was 890,749 shares.
The company Insiders own 0.92% of Vulcan Materials Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.3% . Institutional Investors own 90.08% of Vulcan Materials Company shares. During last six month period, the net percent change held by insiders has seen a change of -14.12%. Also, Equity analysts at the Brokerage firm Goldman Sachs maintains its rating on Vulcan Materials Company (NYSE:VMC). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Goldman Sachs raises the price target from $128 per share to $146 per share. The rating by the firm was issued on June 8, 2016.
Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Companys Calcium segment operates a quarry at Brooksville, Florida, which provides feedstock for the ground calcium operation.