Shares of Ferro Corporation (FOE) Rally 0.99%

Ferro Corporation (FOE) : During the past 4 weeks, traders have been relatively bearish on Ferro Corporation (FOE), hence the stock is down -5.71% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.5% relative to the S&P 500. The stock has risen by 0.99% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.59% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 3.04% and the 50-Day Moving Average is 2.77%.

Ferro Corporation (NYSE:FOE): The stock opened at $14.48 on Friday but the bulls could not build on the opening and the stock topped out at $14.50 for the day. The stock traded down to $13.93 during the day, due to lack of any buying support eventually closed down at $14.27 with a loss of -0.70% for the day. The stock had closed at $14.37 on the previous day. The total traded volume was 1,336,889 shares.


The company Insiders own 2.24% of Ferro Corporation shares according to the proxy statements. Institutional Investors own 91.21% of Ferro Corporation shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President, Human Resource) of Ferro Corp, Killian Ann had sold 30,000 shares worth of $329,700 in a transaction dated December 17, 2015. In this transaction, 30,000 shares were sold at $10.99 per share.

Ferro Corporation (Ferro) produces performance materials for a range of manufacturers in diversified industries throughout the world. The Company uses inorganic and organic chemical processes, polymer science and materials science to develop and produce these performance materials. It operates, approximately 33 facilities around the world that manufacture performance materials and performance chemicals. The Companys performance materials include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Ferro operates through four segments: Tile Coating Systems, Porcelain Enamel, Performance Colors and Glass, and Pigments, Powders and Oxides. Ferros products are used in a variety of product applications in markets including appliances, household furnishings, automobiles, industrial products, building and renovation, and packaging.

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