USG Corporation (USG) : During the past 4 weeks, traders have been relatively bearish on USG Corporation (USG), hence the stock is down -2.94% 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 -0.6% relative to the S&P 500. The 4-week change in the price of the stock is -0.53% and the stock has fallen -0.18% in the past 1 week.
USG Corporation (NYSE:USG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.13 and $28.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.46. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.11, notching a gain of 1.01% for the day. The total traded volume was 723,016 . The stock had closed at $27.83 on the previous day.
The stock has recorded a 20-day Moving Average of 2.91% and the 50-Day Moving Average is 0.4%. USG Corporation is up 4.27% in the last 3-month period. Year-to-Date the stock performance stands at 15.73%.
USG Corporation (USG) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $37 and the lowest price target forecast is $28. The average forecast of all the analysts is $32 and the expected standard deviation is $2.56.
USG Corporation (USG), through its subsidiaries, is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in industrial processes. The Company operates in four segments: Gypsum, Ceilings, Distribution and USG Boral Building Products (UBBP). The Gypsum segment manufactures gypsum wallboard; the Ceilings segment manufactures and markets interior systems products; the Distribution segment consists of L&W Supply, a distributor of gypsum wallboard and other building materials, and the Companys UBBP segment manufactures, distributes and sells building products, mines raw gypsum and sells natural and synthetic gypsum. The Companys brands include DUROCK, FIBEROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, RADAR, ECLIPSE, MARS, USG Boral Sheetrock and USG Boral NextGen, among others.