On a relative basis, the stock has outperformed the S&P 500 by 9.98% 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 0.84% in the last 1 week, and is up 11.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -32.10% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $22.33 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $13.39 and the 200 Day Moving Average price is recorded at $12.51.
The stock has recorded a 20-day Moving Average of 8.22% and the 50-Day Moving Average is 6.84%.
Party City Holdco (NYSE:PRTY): stock turned positive on Friday. Though the stock opened at $14.47, the bulls momentum made the stock top out at $14.8 level for the day. The stock recorded a low of $14.26 and closed the trading day at $14.36, in the green by 1.06%. The total traded volume for the day was 713,685. The stock had closed at $14.21 in the previous days trading.
In an insider trading activity, Matthews Norman S, director of Party City Holdco Inc., had purchased 38,000 shares on March 14, 2016. The total value of the transaction was $488,680. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Party City Holdco Inc. is a designer, manufacturer and distributor of decorated party supplies. The Company operates in two segments: Retail and Wholesale. The Company, through Retail segment, engages in the sale of merchandise through party goods stores and online through its e-commerce Websites, including www.PartyCity.com. The Company, through Wholesale segment, engages in the sale of Amscan, Designware, Anagram, Costumes USA and other party supplies. Its tableware products include plastic plates, paper plates, plastic cups and paper cups, among others. The Companys favors, stationery and other products include party favors, gift bags, gift wrap, invitations, bows and stationery. Its decorations products include latex balloons, pinatas, crepes, and flags and banners, among others. The Companys metallic balloons products include bouquets, standard 18 inch sing-a-tune, supershapes and weights. Its Costumes and Accessories products include costumes, other wearables and wigs.