USG Corporation (USG) Shares Slide -6.35%

USG Corporation (USG) has risen sharply, recording gains of 3.42% in the past 4 weeks. However, the stock has corrected -6.35% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.05% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.04% and the 50-Day Moving Average is 0.35%. USG Corporation is up 4.26% in the last 3-month period. Year-to-Date the stock performance stands at 15.93%.


USG Corporation (NYSE:USG): On Fridays trading session , Opening price of the stock was $28.85 with an intraday high of $28.88. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.1. However, the stock managed to close at $28.16, a loss of 2.32% for the day. On the previous day, the stock had closed at $28.83. The total traded volume of the day was 1,685,456 shares.

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.

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