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Today’s Top Gainers in the Market Corning Inc. (NYSE:GLW) from Technology

Today’s top gainers include the company Corning Inc. (NYSE:GLW) which is in the industry Diversified Electronics, gaining -0.93% today. In the last week its performance is 3.05%, and -1.69% for the past quarter. Currently, Corning Inc., GLW has a target price of 20.86, so today’s gain of -0.93% is a significant step towards its target price. The GAP today is therefore -0.68%.

Corning Inc. (NYSE:GLW), has a market cap of 22023.17, and is based in USA. Insider ownership is at 0.20%, and institutional ownership is 76.90%.

At the current price of 20.29, it has a dividend yield of 2.66%, and its target price is 20.86. This is with a profit margin of 5.30%, and total debt/equity of 0.28. Corning Inc. (NYSE:GLW) has a P/E of 60.21, as well as a forward P/E of 12.98.

With a current EPS of 0.34, and a forecasted EPS growth for next year at 15.27%,Corning Inc. (NYSE:GLW) has had a EPS growth for the past five years at -15.00%. For the next five years EPS growth is projected to be 13.30%.

Performance for the year is 5.89%. Since its IPO date on 12/31/1981, the total performance to date is 12.56%.

Volume today for Corning Inc. (NYSE:GLW), is 5449178, while its average volume is 9278.43. Whilst the total gain today was -0.93%, it did have a day high of -4.74%.

Volatility for this week has been at 2.44%, and 1.83% for the month. The 52-week low for Corning Inc., GLW has been 35.28%, while the 52-week-high has reached -4.74%.

Looking at its return of investments, which is 5.60%, and its return on assets is 1.60%. Corning Inc. (NYSE:GLW) has an operating margin of 12.20%. With a sales growth of -9.60% quarter over quarter. Bearing in mind that Corning Inc., GLW is in the sector Technology, its long-term debt/equity is 0.25, and has a current ratio of 2.8 and 2.2 for quick ratio.

So what is the value of Corning Inc.? Well its PEG is 4.53, and the P/S is 2.48, along with a P/B of 1.43. Meanwhile it has a p/cash of *TBA.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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