Johnson Controls (NYSE:JCI) has tumbled 0.52% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.03% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.68% and the outperformance has advanced to 2.09% for the last 4 weeks period.
Johnson Controls (NYSE:JCI): The stock opened at $44.16 on Friday but the bulls could not build on the opening and the stock topped out at $44.40 for the day. The stock traded down to $44.08 during the day, due to lack of any buying support eventually closed down at $44.23 with a loss of -0.05% for the day. The stock had closed at $44.25 on the previous day. The total traded volume was 3,759,330 shares.
The company shares have dropped -14.61% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $52.18 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $43.02 and the 200 Day Moving Average price is recorded at $39.29.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Molinaroli Alex A, officer (Chairman & CEO) of Johnson Controls Inc, had unloaded 67,790 shares at an average price of $37.41 in a transaction dated on March 2, 2016. The total value of the transaction was worth $2,536,024.
Many analysts have stated their opinion on the company shares. Credit Suisse upgrades their rating on the shares of Johnson Controls (NYSE:JCI). The current rating of the shares is Outperform. The rating by the firm was issued on May 24, 2016. Currently the company Insiders own 0.63% of Johnson Controls shares according to the proxy statements. Institutional Investors own 80.79% of Johnson Controls shares. During last six month period, the net percent change held by insiders has seen a change of -17.97%.
Johnson Controls, Inc. is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions. The Building Efficiency segment offers designing, producing, marketing and installing integrated heating, ventilating and air conditioning (HVAC) systems, building management systems, controls, security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars, light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop, hybrid and electric vehicles.