Home Depot (The) (HD) Shares are Down -0.81%

Home Depot (The) (HD) : During the past 4 weeks, traders have been relatively bearish on Home Depot (The) (HD), hence the stock is down -1.16% 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 -0.78% relative to the S&P 500. The 4-week change in the price of the stock is -0.78% and the stock has fallen -0.81% in the past 1 week.

The Home Depot, Inc. is up 3.27% in the last 3-month period. Year-to-Date the stock performance stands at 3.52%. The stock has recorded a 20-day Moving Average of 0.91% and the 50-Day Moving Average is 1.9%.


Home Depot (The) (NYSE:HD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $134.42 and $134.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $135.76. The buying momentum continued till the end and the stock did not give up its gains. It closed at $135.46, notching a gain of 0.49% for the day. The total traded volume was 3,959,011 . The stock had closed at $134.80 on the previous day.

Also, Brokerage firm Deutsche Bank maintains its rating on Home Depot (The) (NYSE:HD). As per the latest information, the brokerage house raises the price target to $145 per share from a prior target of $143. The shares have been rated Buy. The rating by the firm was issued on August 17, 2016.

The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. As of December 31, 2014, the Company had 2,269 The Home Depot stores, which included 1,977 stores in the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam; 181 stores in Canada, and 111 stores in Mexico.

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