Armstrong World Industries traded at $168.18 this Friday October 23rd, decreasing $3.21 or 1.87 percent since the previous trading session. Looking back, over the last four weeks, Armstrong World Industries lost 3.73 percent. Over the last 12 months, its price fell by 17.28 percent. Looking ahead, we forecast Armstrong World Industries to be priced at 164.61 by the end of this quarter and at 154.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
Armstrong World Industries, Inc. is a provider of commercial and residential ceiling, wall and suspension system solutions. The Company designs, manufactures, and sells ceiling and wall systems primarily mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt throughout the Americas. The Company's segment includes Mineral Fiber, Architectural Specialties and Unallocated Corporate. The Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems for use in commercial and residential settings. The Mineral Fiber segment also includes Worthington Armstrong Venture (WAVE), which manufactures and sells suspension system (grid) products and ceiling component products. The Architectural Specialties segment produces, designs and sources ceilings and walls for use in commercial settings. Architectural Specialties products are sold primarily to resale distributors and ceiling systems contractors.