Armstrong World Industries (AWI) Trading With Heavy Volume Before Market Open

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Trade-Ideas LLC identified Armstrong World Industries ( AWI) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Armstrong World Industries as such a stock due to the following factors:

  • AWI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $97.6 million.
  • AWI traded 252,365 shares today in the pre-market hours as of 8:42 AM, representing 13.1% of its average daily volume.

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More details on AWI:

Armstrong World Industries, Inc. designs, manufactures, and sells flooring products and ceiling systems worldwide. AWI has a PE ratio of 27.1. Currently there are 6 analysts that rate Armstrong World Industries a buy, 1 analyst rates it a sell, and 4 rate it a hold.

The average volume for Armstrong World Industries has been 971,400 shares per day over the past 30 days. Armstrong World has a market cap of $2.7 billion and is part of the industrial goods sector and materials & construction industry. The stock has a beta of 1.32 and a short float of 6.9% with 1.73 days to cover. Shares are down 14.8% year-to-date as of the close of trading on Wednesday.

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