Corning, Inc (NYSE:GLW) shares, rose in value, with the stock price down by -0.48% to the previous day’s close as strong demand from buyers drove the stock to $52.32.
Actively observing the price movement in the recent trading, the stock is buoying the session at $52.57, falling within a range of $51.99 and $52.68. The value of beta (5-year monthly) is 1.096 whereas the PE ratio is 100.11 over 12-month period. Referring to stock’s 52-week performance, its high was $55.33, and the low was $37.18. On the whole, GLW has fluctuated by 2.81% over the past month.
With the market capitalization of Corning, Inc currently standing at about $44.81 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-29. The company’s Forward Dividend Ratio is 1.12, with its dividend yield at 2.14%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GLW’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 6.47, with the price of GLW currently trading nearly 1.38% and 5.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.34, while the 7-day volatility ratio is showing 1.31% which for the 30-day chart, stands at 1.59%. Furthermore, Corning, Inc (GLW)’s beta value is 1.05.
A comparison of Corning, Inc (GLW) with its peers suggests the former has fared considerably weaker in the market. GLW showed an intraday change of -0.48% in today’s session so far, and over the past year, it grew by 10.10%%.
Data on historical trading for Corning, Inc (NYSE:GLW) indicates that the trading volumes over the past 10 days have averaged 3.95 and over the past 3 months, they’ve averaged 5.01 million. According to company’s latest data on outstanding shares, there are 810.00 million shares outstanding.
Nearly 8.60% of Corning, Inc’s shares belong to company insiders and institutional investors own 73.72% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.07 million shares as on 2025-06-13, resulting in a short ratio of 2.49. According to the data, the short interest in Corning, Inc (GLW) stood at 173.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 12.67 million. The stock has risen by 21.53% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GLW stock heading into the next quarter.
