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Masco's stock hits 52-week low after Barclays downgrade, despite strong performance reports.
Advisory Services Network LLC reduced its stake in Masco Co. (NYSE:MAS) by 2.8%, selling 1,147 shares.
Masco's stock opened at $61.68, with a market cap of $13.05 billion and a P/E ratio of 16.40.
Analysts predict EPS of 4.34 for the current fiscal year.
The company designs and sells home improvement and building products globally.
Despite recent financial reports showing strong performance, Barclays downgraded Masco's stock, causing it to reach a 52-week low.
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Las acciones de Masco alcanzan un mínimo de 52 semanas después de la bajada de Barclays, a pesar de los fuertes informes de rendimiento.