Masco Corporation (NYSE:MAS) has tumbled 1.12% during the past week and has dropped 2.8% in the last 4 week period. The company has outperformed the S&P 500 by 0.07% in the past week but underperformed the index by 3.69% in the last 4 weeks.
Masco Corporation (NYSE:MAS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.74 and $30.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.98. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.89, notching a gain of 0.72% for the day. The total traded volume was 4,476,139 . The stock had closed at $30.67 on the previous day.
The company shares have rallied 26.86% from its 1 Year high price. On Apr 20, 2016, the shares registered one year high at $32.92 and the one year low was seen on Jul 21, 2015. The 50-Day Moving Average price is $31.52 and the 200 Day Moving Average price is recorded at $29.43.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Straber Renee, officer (VP – Chief HR Officer) of Masco Corp /De/, had unloaded 3,694 shares at an average price of $32.6 in a transaction dated on May 31, 2016. The total value of the transaction was worth $120,424.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Masco Corporation (NYSE:MAS). Barclays has a Overweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $36 per share from a prior target of $31. The rating by the firm was issued on April 7, 2016. Currently the company Insiders own 1.7% of Masco Corporation shares according to the proxy statements. Institutional Investors own 94.78% of Masco Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -36.83%.
Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.