Shares of Armstrong World Industries Inc (AWI) Sees Large Inflow of Net Money Flow

Armstrong World Industries Inc (AWI) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $8.72 million worth of transactions were on upticks, whereas, the downticks accounted for $5.48 million worth of transactions. The net money flow was a positive $3.23 million and the uptick to downtick ratio was 1.59. The net money flow into the stock was $2.15 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $2.15 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Armstrong World Industries Inc (AWI) was trading at $40.79, down $0.21 during day. The stock slid -0.51% over the previous days close. For the week, the stock recorded -1.71% over the previous weeks close.


Shares of Armstrong World Industries, Inc. appreciated by 0.05% during the last five trading days but lost 8.21% on a 4-week basis. Armstrong World Industries, Inc. is up 6.95% in the last 3-month period. Year-to-Date the stock performance stands at -10.8%.

Armstrong World Industries Inc (AWI) : 3 brokerage houses believe that Armstrong World Industries Inc (AWI) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Armstrong World Industries Inc (AWI). Zacks Investment Research suggests a Buy with a rank of 2. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

Armstrong World Industries Inc (NYSE:AWI): stock was range-bound between the intraday low of $40.06 and the intraday high of $40.85 after having opened at $40.85 on Wednesdays session. The stock finally closed in the red at $40.85, a loss of -0.51%. The stock remained in the red for the whole trading day. The total traded volume was 1,003,050 shares. The stock failed to cross $40.85 in Wednesdays trading. The stocks closing price on Thursday was $41.

Armstrong World Industries, Inc. is a producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings. The Company operates in four segments: Building Products, which produces suspended mineral fiber, soft fiber and metal ceiling systems for use in commercial, institutional and residential settings; Resilient Flooring, which produces and sources a range of floor coverings for homes and commercial and institutional buildings and Wood Flooring segment produces and sources wood flooring products for use in new residential construction and renovation, with commercial applications in stores, restaurants and high-end offices. Its brands include Armstrong, Alterna, BBT, BioBased Tile, BioGuard, Bruce, Cirrus, Dune, Excelon, Huiyi, Imperial, Initiator, Laurel, Luxe Plank, Medintech, MetalWorks, Optima, Perla, Plano, Stonetex, Station Square, ToughGuard, Ultima and WoodWorks, among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *