Shares of Kingspan Group plc (OTCMKTS:KGSPY – Get Free Report) hit a new 52-week high during trading on Thursday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $119.7450 and last traded at $119.46, with a volume of 33163 shares trading hands. The stock had previously closed at $114.45.
Kingspan Group Trading Down 1.6%
The company has a 50-day moving average of $94.97 and a 200-day moving average of $91.93.
About Kingspan Group
Kingspan Group plc is a global leader in high-performance insulation and building envelope solutions. Founded in 1965 and headquartered in Kingscourt, Ireland, the company develops, manufactures and supplies a broad range of products designed to improve building energy efficiency, airtightness and overall sustainability. Kingspan’s core offerings include insulated wall, roof and floor panels, rigid insulation boards, and advanced glazing systems, alongside integrated water and energy management technologies such as rainwater harvesting and solar thermal solutions.
Over the decades, Kingspan has expanded its expertise beyond insulation, adding innovative façade systems, structural framing, and daylighting solutions to its portfolio.
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