E.I. du Pont de Nemours and Company (NYSE:DD) has tumbled 0.34% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.4% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.86% and the outperformance has advanced to 1.47% for the last 4 weeks period.
E.I. du Pont de Nemours and Company (NYSE:DD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.03 and $66.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.33, notching a gain of 0.61% for the day. The total traded volume was 3,297,054 . The stock had closed at $66.92 on the previous day.
The company shares have rallied 1.52% from its 1 Year high price. On Dec 9, 2015, the shares registered one year high at $75.72 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $66.08 and the 200 Day Moving Average price is recorded at $63.36.
On the companys insider trading activities,The officer (Executive Vice President) of Dupont E I De Nemours & Co, Doyle Christopher Marc sold 1,325 shares at $63 on March 8, 2016. The Insider selling transaction had a total value worth of $83,475. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm CLSA downgrades its rating on E.I. du Pont de Nemours and Company (NYSE:DD). The rating major has initiated the coverage with underperform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The Analysts at CLSA raises the price target from $62 per share to $70 per share. The rating by the firm was issued on April 27, 2016. Currently the company Insiders own 0.31% of E.I. du Pont de Nemours and Company shares according to the proxy statements. Institutional Investors own 71.33% of E.I. du Pont de Nemours and Company shares. During last six month period, the net percent change held by insiders has seen a change of -1.63%.
E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.