Corning, Inc (NYSE:GLW) currently has a daily average trading volume of 5.10M but it saw 3086446 shares traded in last market. With a market cap of 45.02B USD, the company’s current market price of $52.57 came falling about -0.30 while comparing to the previous closing price of $52.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.33 and as low as $37.18. In the recent trading on the day, stock has struck highest price mark of $52.325 while lowest mark touched by it was $53.16.
HSBC Securities upgraded its recommendation for the stock as a “Buy” from “Hold” on January 30, 2025 while assigning a price target range of $51-$60. Mizuho issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $44 and $47.
Over the week, GLW’s stock price is moving -0.04% down while it is 3.67% when we observe its performance for the past one month. Year-to-date it is 36.76% up and over the past year, the stock is showing an upside performance of 10.63%.
Currently, Corning, Inc’s total number of outstanding shares is 810.00M. Company’s return on investment (ROI) stands at 2.45% and return on equity (ROE) at 4.14%. It has a price to earnings ratio (P/E ratio) of 100.59 while having a 19.35 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 3.97 while price to sale or P/S ratio amounts to 3.31. Its return on asset (ROA) is 1.65% on average.
