Zacks Investment Research downgraded Armstrong World Industries Inc (NYSE:AWI) to Hold in a report released today.
- Updated: September 27, 2016
Yesterday Armstrong World Industries Inc (NYSE:AWI) traded -0.85% lower at $41.30. The company’s 50-day moving average is $43.14 and its 200-day moving average is $41.78. The last closing price is down -1.98% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 461,821 shares of the stock traded hands, down from an average trading volume of 515,758
Zacks Investment Research has downgraded Armstrong World Industries Inc (NYSE:AWI) to Hold in a report released on 9/27/2016.
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Armstrong World Industries Inc has a 52 week low of $35.92 and a 52 week high of $52.33 with a P/E ratio of 91.20 AWI’s total market value is presently $0.
A total of 12 equity analysts have released a ratings update on AWI. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, nine equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $46.33.
Brief Synopsis About Armstrong World Industries Inc (NYSE:AWI)
Armstrong World Industries, Inc. is a producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings. The Company operates in four segments: Building Products, which produces suspended mineral fiber, soft fiber and metal ceiling systems for use in commercial, institutional and residential settings; Resilient Flooring, which designs, manufactures, sources and sells a range of floor coverings primarily for homes and commercial and institutional buildings; Wood Flooring segment, which designs, manufactures, sources and sells hardwood flooring products for use in new residential construction and renovation, with some commercial applications in stores, restaurants and high-end offices, and Unallocated Corporate. Its brands include Armstrong, Alterna, BBT, BioBased Tile, BioGuard, Bruce, Cirrus, Dune, Excelon, Huiyi, Imperial, Initiator, Laurel, Luxe Plank, Medintech, MetalWorks, Optima and Perla.
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