4. As of noon trading, Owens-Corning ( OC) is up $0.32 (0.75) to $43.14 on light volume Thus far, 482,920 shares of Owens-Corning exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $42.63-$43.30 after having opened the day at $43.05 as compared to the previous trading day's close of $42.82. Owens Corning produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in two segments, Composites and Building Materials. Owens-Corning has a market cap of $5.0 billion and is part of the industrial goods sector. The company has a P/E ratio of 104.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Owens-Corning a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates Owens-Corning as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Owens-Corning Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.