On a relative basis, the stock has outperformed the S&P 500 by 3.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.29% in the last 1 week, and is up 5.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 61.13% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $48.57 and the one year low was seen on Sep 28, 2015. The 50-Day Moving Average price is $45.32 and the 200 Day Moving Average price is recorded at $38.95.
The stock has recorded a 20-day Moving Average of 3.95% and the 50-Day Moving Average is 10.24%.
Dupont Fabros Technology (NYSE:DFT): stock turned positive on Friday. Though the stock opened at $47.71, the bulls momentum made the stock top out at $48.105 level for the day. The stock recorded a low of $47.25 and closed the trading day at $48.05, in the green by 1.07%. The total traded volume for the day was 966,885. The stock had closed at $47.54 in the previous days trading.
In an insider trading activity, The officer (Chief Financial Officer), of Dupont Fabros Technology, Inc., Foster Jeffrey H had unloaded 13,889 shares at $46.05 per share in a transaction on June 15, 2016. The total value of transaction was $639,588. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
DuPont Fabros Technology, Inc. is an owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized, efficient and safe computing environments in a low-cost operating model. The Companys customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Companys 12 data centers are located in four major United States markets, which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.