Why Is It Moving? Looking Into Why Armstrong Flooring's Stock is Trading Higher Today

The Price And Volume Action In Armstrong Flooring's Stock Today

Armstrong Flooring AFI is currently up 23.51% to a price of $5.02. The stock's volume is currently 2.21 million, which is roughly 780.58% of its recent 30-day volume average of 282.60 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Armstrong Flooring shares are trading higher after the company signed a definitive agreement to sell its South Gate, California property for $76.7 million.

Perspective On Recent Price Action

The stock's 50-day moving average was $4.06 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $5.6 and fallen to a low of $1.12.

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