USG Corporation (USG) : During the past 4 weeks, traders have been relatively bearish on USG Corporation (USG), hence the stock is down -4.99% 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 -1.33% relative to the S&P 500. The 4-week change in the price of the stock is -4.01% and the stock has fallen -1.28% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.53% and the 50-Day Moving Average is 0.41%. USG Corporation (NYSE:USG): On Fridays trading session , Opening price of the stock was $27.81 with an intraday high of $28.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.63. However, the stock managed to close at $27.75, a loss of 0.14% for the day. On the previous day, the stock had closed at $27.79. The total traded volume of the day was 668,738 shares.
The company Insiders own 1.4% of USG Corporation shares according to the proxy statements. Institutional Investors own 84.06% of USG Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -12.23%. Also, Jefferies maintains their rating on the shares of USG Corporation (NYSE:USG). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $33 per share from $32 per share. The rating by the firm was issued on July 27, 2016.
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.