Vulcan Materials Company (VMC) : During the past 4 weeks, traders have been relatively bearish on Vulcan Materials Company (VMC), hence the stock is down -8.03% 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 -1.84% relative to the S&P 500. The 4-week change in the price of the stock is -7.67% and the stock has fallen -1.87% in the past 1 week.
Vulcan Materials Company is up 0.99% in the last 3-month period. Year-to-Date the stock performance stands at 23.35%. The stock has recorded a 20-day Moving Average of 3.33% and the 50-Day Moving Average is 2.79%.
Vulcan Materials Company (NYSE:VMC): The stock opened at $117.56 on Friday but the bulls could not build on the opening and the stock topped out at $118.10 for the day. The stock traded down to $115.99 during the day, due to lack of any buying support eventually closed down at $116.70 with a loss of -1.19% for the day. The stock had closed at $118.10 on the previous day. The total traded volume was 1,216,759 shares.
Also, Equity Analysts at the Goldman Sachs maintains the rating on Vulcan Materials Company (NYSE:VMC). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $128 per share to $146 per share. The rating by the firm was issued on June 8, 2016.
Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Companys Calcium segment operates a quarry at Brooksville, Florida, which provides feedstock for the ground calcium operation.