Sherwin-Williams Company (The) (NYSE:SHW) : Traders are bullish on Sherwin-Williams Company (The) (NYSE:SHW) as it has outperformed the S&P 500 by a wide margin of 3.29% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.01%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.33% in the last 1 week, and is up 4.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 8.66% from its 1 Year high price. On Apr 21, 2016, the shares registered one year high at $309.00 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $291.86 and the 200 Day Moving Average price is recorded at $277.82.
The stock has recorded a 20-day Moving Average of 5.28% and the 50-Day Moving Average is 5.2%.
Sherwin-Williams Company (The) (NYSE:SHW): stock turned positive on Friday. Though the stock opened at $304.18, the bulls momentum made the stock top out at $307.96 level for the day. The stock recorded a low of $303.7 and closed the trading day at $306.52, in the green by 1.46%. The total traded volume for the day was 625,202. The stock had closed at $302.1 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President, Global Finishes Grp) of Sherwin Williams Co, Sewell David B had sold 4,598 shares worth of $1,367,399 in a transaction dated May 16, 2016. In this transaction, 4,598 shares were sold at $297.39 per share.
The Sherwin-Williams Company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Companys segments include Paint Stores Group, Consumer Group, Global Finishes Group and Latin America Coatings Group. The Paint Stores Group markets and sells architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group develops, manufactures and distributes a range of paint, coatings and related products to third party customers. The Global Finishes Group develops, licenses, manufactures, distributes and sells a range of protective and marine products, automotive finishes and refinished products, and OEM product finishes, among others. The Latin America Coatings Group develops, licenses, manufactures, distributes and sells a range of architectural paint and coatings, protective and marine products, and OEM product finishes, among others.