USG Corporation (NYSE:USG) : Traders are bullish on USG Corporation (NYSE:USG) as it has outperformed the S&P 500 by a wide margin of 0.98% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.47%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.78% in the last 1 week, and is up 2.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 3.86% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $32.88 and the one year low was seen on Jan 26, 2016. The 50-Day Moving Average price is $27.51 and the 200 Day Moving Average price is recorded at $24.24.
The stock has recorded a 20-day Moving Average of 6.05% and the 50-Day Moving Average is 2.62%.
USG Corporation (NYSE:USG): stock turned positive on Friday. Though the stock opened at $28.11, the bulls momentum made the stock top out at $28.47 level for the day. The stock recorded a low of $27.96 and closed the trading day at $28.26, in the green by 1.65%. The total traded volume for the day was 1,381,875. The stock had closed at $27.8 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Dannessa Dominic A, officer (Executive Vice Presidenet) of Usg Corp, had unloaded 2,000 shares at an average price of $29.03 in a transaction dated on May 18, 2016. The total value of the transaction was worth $58,060.
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.