The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 16.11%.However, over the last six months, we can see a weaker performance of 13.72%. Over the last 30 days, the price of GLW has fallen by 6.79%. And in the last five days, it has surged by 0.76%.
At present, Corning, Inc (GLW) has a stock price of $52.97. In the previous session, the stock saw a rise, peaking at $60.0 after an opening price of $52.97. The day’s lowest price was $44.0, and it closed at $52.52.
Corning, Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $55.33 on 01/29/25 and the lowest value was $37.18 on 08/05/24.
52-week price history of GLW Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Corning, Inc’s current trading price is -4.27% away from its 52-week high, while its distance from the 52-week low is 42.47%. The stock’s price range during this period has varied between$37.18 and $55.33. The Corning, Inc’s shares, which operate in the Technology, saw a trading volume of around 3.34 million for the day, a figure considerably lower than their average daily volume of 4.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Corning, Inc (GLW) has experienced a quarterly rise of 27.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.37B and boasts a workforce of 56300 employees.
Corning, Inc: Analysts’ Ratings Unveiled
As of right now, 8 analysts are rating Corning, Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 47.67, with a change in price of +1.10. Similarly, Corning, Inc recorded 5,646,827 in trading volume during the last 100 days, posting a change of +2.12%.
GLW’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GLW stands at 0.76. Similarly, the long-term debt-to-equity ratio is also 0.73.
GLW Stock Stochastic Average
Corning, Inc’s raw stochastic average for the past 50 days is presently 89.35%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 74.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 73.23% and 70.09%, respectively.
