Owens Corning’s recently made public that its Director MORRIS W HOWARD unloaded Company’s shares for reported $39247.0 on Mar 07 ’25. In the deal valued at $144.29 per share,272 shares were sold. As a result of this transaction, MORRIS W HOWARD now holds 41,722 shares worth roughly $6.05 million.
Then, MORRIS W HOWARD bought 272 shares, generating $39,247 in total proceeds.
Before that, Ball Christopher O sold 2,113 shares. Owens Corning shares valued at $349,617 were divested by the President, Doors at a price of $165.46 per share. As a result of the transaction, Ball Christopher O now holds 26,263 shares, worth roughly $3.81 million.
Wells Fargo upgraded its Owens Corning [OC] rating to an Overweight from a an Equal weight in a research note published on December 17, 2024; the price target was increased to $225 from $195. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Citigroup also remained covering OC and has increased its forecast on July 11, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of OC
On Monday, Owens Corning [NYSE:OC] saw its stock jump 0.76% to $145.06. Over the last five days, the stock has gained 3.78%. Owens Corning shares have fallen nearly -14.83% since the year began. Nevertheless, the stocks have fallen -10.66% over the past one year. While a 52-week high of $214.53 was reached on 01/27/25, a 52-week low of $137.50 was recorded on 03/10/25. SMA at 50 days reached $169.08, while 200 days put it at $175.42.
Levels Of Support And Resistance For OC Stock
The 24-hour chart illustrates a support level at 143.10, which if violated will result in even more drops to 141.13. On the upside, there is a resistance level at 146.40. A further resistance level may holdings at 147.74. The Relative Strength Index (RSI) on the 14-day chart is 36.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.65%. Stochastics %K at 19.62% indicates the stock is a buying.
How much short interest is there in Owens Corning?
A steep rise in short interest was recorded in Owens Corning stocks on 2025-02-28, dropping by 10459.0 shares to a total of 1.01 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.02 million shares. There was a decline of -1.03%, which implies that there is a negative sentiment for the stock.
