Toro Company (The) (TTC) has been under a strong bear grip, hence the stock is down -3.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.72% in the past 1 week. The stock has risen by 0.88% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.88% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.07% and the 50-Day Moving Average is 0.58%.The 200 Day SMA reached 10.43%
Toro Company (The) (NYSE:TTC): After opening at $46.9, the stock dipped to an intraday low of $46.66 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $47.07 and the buying power remained strong till the end. The stock closed at $46.84 for the day, a gain of 0.52% for the day session. The total traded volume was 557,037. The stocks close on the previous trading day was $46.84.
The Toro Company (Toro) designs, manufactures, and markets professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting, agricultural micro-irrigation systems, rental and construction equipment, and residential yard and snow removal products. The Company sells its products across the world through a network of distributors, dealers, hardware retailers, home centers, mass retailers, and over the Internet under the names of Toro, Exmark, Irritrol, Hayter, Pope, Unique Lighting Systems, Lawn-Boy and Lawn Genie. The Company operates in three business segments: Professional, through which the Company designs professional turf, landscape, and agricultural products and markets them across the world; Residential, which markets its residential products to homeowners and Distribution, which consists of the Companys owned domestic distributorships.