U S Concrete (USCR) Shares are Down -4.71%

U S Concrete (USCR) : During the past 4 weeks, traders have been relatively bearish on U S Concrete (USCR), hence the stock is down -11.56% 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 -4.86% relative to the S&P 500. The 4-week change in the price of the stock is -12.04% and the stock has fallen -4.71% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.68% and the 50-Day Moving Average is 16%.The 200 Day SMA reached 18.62%

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U S Concrete (NASDAQ:USCR): The stock opened in the green at $46.37 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $46.92 and a low of $45.8 for the day. The stock did not find buyers even at the lows and closed at $46.065 recording a loss of -0.44%. 563,557 shares exchanged hands during the trading day. The stock had closed at $46.065 in the previous days trading.

U S Concrete (USCR) : The most positive equity analysts on U S Concrete (USCR) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $68 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $74.33 with an expected fluctuation of $6.03 from the mean.

U.S. Concrete, Inc. is a producer of ready-mixed concrete in select markets in the United States. The Company operates through two segments: ready-mixed concrete and aggregate products. Its ready-mixed concrete engages in the formulation, production and delivery of ready-mixed concrete to its customers job sites. It provides ready-mixed concrete from its operations in north Texas, west Texas, northern California, New Jersey, New York, Washington, D.C. and Oklahoma. Its aggregate products segment produces crushed stone, sand and gravel from seven aggregates facilities located in New Jersey and Texas. Its customers include contractors for commercial and industrial, residential, street and highway and other public works construction. It has approximately 139 ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities and 12 producing aggregates facilities. Its Wantage Stone reserves, a site development quarry, which include an 80 acre land that is located in New Jersey.

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