Currently, there are 820.00M common shares owned by the public and among those 773.76M shares have been available to trade.
The company’s stock has a 5-day price change of -3.47% and 18.09% over the past three months. GLW shares are trading 26.08% year to date (YTD), with the 12-month market performance up to 9.56% higher. It has a 12-month low price of $25.26 and touched a high of $40.46 over the same period. GLW has an average intraday trading volume of 6.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.15%, 7.13%, and 20.82% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Corning, Inc. (NYSE: GLW) shares accounts for 71.69% of the company’s 820.00M shares outstanding.
It has a market capitalization of $32.89B and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 53.81, while the earnings-per-share (ttm) stands at $0.71. The company has a PEG of 4.65 and a Quick Ratio of 1.02 with the debt-to-equity ratio at 0.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.23% over the week and 1.99% over the month.
Earnings per share for the fiscal year are expected to increase by 11.25%, and 16.42% over the next financial year. EPS should grow at an annualized rate of 11.57% over the next five years, compared to -9.80% over the past 5-year period.
Looking at the support for the GLW, a number of firms have released research notes about the stock. Fox Advisors stated their Overweight rating for the stock in a research note on June 17, 2024, with the firm’s price target at $45. Morgan Stanley coverage for the Corning, Inc. (GLW) stock in a research note released on June 13, 2024 offered a Equal-Weight rating with a price target of $38. JP Morgan was of a view on May 30, 2024 that the stock is Overweight, while Mizuho gave the stock Neutral rating on May 07, 2024, issuing a price target of $36. UBS on their part issued Neutral rating on April 08, 2024.
