(VIANEWS) – Shares of Corning Incorporated (NYSE Composite: GLW) slid 5.74% to $36.40 at 10:22 EST on Tuesday, following the last session’s downward trend. NYSE Composite is jumping 0.15% to $17,195.16, after two consecutive sessions in a row of gains. This seems, at the moment, a somewhat bullish trend exchanging session today.
Corning Incorporated’s last close was $38.23, 18.35% under its 52-week high of $46.82.
Today’s last reported volume for Corning Incorporated is 3141851 which is 23.14% below its average volume of 4088120.
Corning Incorporated’s Sales
Corning Incorporated’s sales growth is 20.9% for the present quarter and 9.2% for the next. The company’s growth estimates for the current quarter and the next is 34.9% and 11.5%, respectively.
Corning Incorporated’s Revenue
Year-on-year quarterly revenue growth grew by 36.7%, now sitting on 13.14B for the twelve trailing months.
Corning Incorporated’s last week, last month’s, and last quarter’s current volatility was a positive 0.28%, a negative 0.42%, and a positive 1.03%, respectively.
Corning Incorporated’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.68% (last week), 1.32% (last month), and 1.03% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Corning Incorporated’s stock is considered to be overbought (>=80).
Corning Incorporated’s Stock Yearly Top and Bottom Value
Corning Incorporated’s stock is valued at $36.40 at 10:22 EST, way below its 52-week high of $46.82 and way higher than its 52-week low of $31.28.
Corning Incorporated’s Moving Average
Corning Incorporated’s worth is below its 50-day moving average of $37.88 and way under its 200-day moving average of $41.26.
More news about Corning Incorporated (GLW).