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Stock Investors Bid Up Shares of Armstrong World Industries, Up 1.4%

Published on Fri, 03/01/2013 - 13:43
By Mallory Stone

Armstrong World Industries (NYSE:AWI) is one of today's notable stocks on the rise, up 1.4% to $51.84. The S&P is trading higher by 0.2% to 1,518 and the Dow is trading 0.3% higher to 14,090.

In the past 52 weeks, Armstrong World Industries share prices have been bracketed by a low of $38.08 and a high of $59.78 and are now at $51.84, 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.2%.

Armstrong World Industries, Inc. designs and manufactures floors, ceilings, and cabinets in the United States and other countries around the world.

Armstrong World Industries (NYSE:AWI) has potential upside of 17.2% based on a current price of $51.84 and analysts' consensus price target of $60.75. The stock should find resistance at its 50-day moving average (MA) of $53.27, as well as support at its 200-day MA of $48.26.

By Mallory Stone
mstone@fnno.com

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