Company Shares of Elizabeth Arden Rally 44.28%

Elizabeth Arden (NASDAQ:RDEN) has climbed 44.28% in the past week and advanced 84.57% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 46.01% and the outperformance has advanced to 82.89% for the last 4 weeks period.

Elizabeth Arden (NASDAQ:RDEN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.72 and $13.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.88, notching a gain of 49.09% for the day. The total traded volume was 33,547,287 . The stock had closed at $9.31 on the previous day.

The company shares have rallied 0.14% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $15.59 and the one year low was seen on Feb 5, 2016. The 50-Day Moving Average price is $9.34 and the 200 Day Moving Average price is recorded at $8.52.

On the companys insider trading activities, Lauzat Eric, officer (President, International) of Elizabeth Arden Inc had purchased 5,000 shares on March 3, 2016 in a transaction. The price per share was $6 and the total amount of the disclosed transaction was $30,000.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Currently the company Insiders own 15.2% of Elizabeth Arden shares according to the proxy statements. Institutional Investors own 79.69% of Elizabeth Arden shares. During last six month period, the net percent change held by insiders has seen a change of 6.78%.

Elizabeth Arden, Inc. is a global beauty products company with a portfolio of fragrance, skin care and cosmetics brands. The Companys product portfolio includes Elizabeth Arden Brand, such as the Elizabeth Arden skin care brands (Visible Difference, Ceramide, Prevage, Eight Hour Cream, Superstart and Elizabeth Arden Pro), Elizabeth Arden branded lipstick, foundation and other color cosmetics products and Elizabeth Arden fragrances (Red Door, 5th Avenue, Elizabeth Arden Green Tea and UNTOLD); designer fragrances, which include Juicy Couture, John Varvatos, and Wildfox Couture; Heritage Fragrances, such as Curve, Elizabeth Taylor, Britney Spears, Halston, Ed Hardy, Geoffrey Beene, Alfred Sung, Giorgio Beverly Hills, Lucky, PS Fine Cologne, White Shoulders, BCBGMAXAZRIA, Rocawear and Jennifer Aniston, and celebrity fragrances, which include the fragrance brands of Justin Bieber, Mariah Carey, Nicki Minaj and Taylor Swift. Its operating segments include North America and International.

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