Ferro Corporation (FOE) Shares are Up 1.3%

Ferro Corporation (FOE) : Traders are bullish on Ferro Corporation (FOE) as it has outperformed the S&P 500 by a wide margin of 2.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.97%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.3% in the last 1 week, and is up 2.08% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.23% and the fifty day Moving Average is 1%. Ferro Corporation has dropped 6.37% during the last three month period . Year-to-Date the stock performance stands at 18.97%.

Ferro Corporation (FOE) : Average target price received by Ferro Corporation (FOE) is $16 with an expected standard deviation of $1. The most aggressive target on the stock is $17, whereas the most downbeat target is $15. 5 financial analysts are currently covering the stock.


Ferro Corporation (NYSE:FOE): stock turned positive on Friday. Though the stock opened at $13.24, the bulls momentum made the stock top out at $13.36 level for the day. The stock recorded a low of $13.04 and closed the trading day at $13.23, in the green by 0.08%. The total traded volume for the day was 406,754. The stock had closed at $13.22 in the previous days trading.

Ferro Corporation (Ferro) produces performance materials for a range of manufacturers in diversified industries throughout the world. The Company uses inorganic and organic chemical processes, polymer science and materials science to develop and produce these performance materials. It operates, approximately 33 facilities around the world that manufacture performance materials and performance chemicals. The Companys performance materials include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Ferro operates through four segments: Tile Coating Systems, Porcelain Enamel, Performance Colors and Glass, and Pigments, Powders and Oxides. Ferros products are used in a variety of product applications in markets including appliances, household furnishings, automobiles, industrial products, building and renovation, and packaging.

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