USG Corporation (USG) Shares are Up 4.01%

USG Corporation (USG) : Traders are bullish on USG Corporation (USG) as it has outperformed the S&P 500 by a margin of 8.17% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.38%, 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 4.01% in the last 1 week, and is up 15.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

USG Corporation (NYSE:USG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.95 and $29.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.07, notching a gain of 0.74% for the day. The total traded volume was 1,108,339 . The stock had closed at $29.85 on the previous day.


The stock has recorded a 20-day Moving Average of 7.86% and the 50-Day Moving Average is 7.63%. USG Corporation is up 4.81% in the last 3-month period. Year-to-Date the stock performance stands at 23.8%.

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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