Company Shares of Monster Worldwide Drops by -2.21%

Monster Worldwide (NYSE:MWW) has tumbled 2.21% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.53% in the last four weeks. The stocks have underperformed the S&P 500 by 1.04% during the past week but Monster Worldwide (NYSE:MWW) it has outperformed the index in 4 weeks by 0.61%.

Monster Worldwide (NYSE:MWW): The stock opened at $2.67 on Friday but the bulls could not build on the opening and the stock topped out at $2.76 for the day. The stock traded down to $2.63 during the day, due to lack of any buying support eventually closed down at $2.65 with a loss of -0.38% for the day. The stock had closed at $2.66 on the previous day. The total traded volume was 2,389,462 shares.

The company shares have dropped -58.33% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $8.23 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $2.76 and the 200 Day Moving Average price is recorded at $3.84.

On the companys insider trading activities,The officer (EVP, GC and Secretary) of Monster Worldwide, Inc., Miller Michael Connolly sold 9,399 shares at $2.65 on May 16, 2016. The Insider selling transaction had a total value worth of $24,907. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Currently the company Insiders own 4.7% of Monster Worldwide shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -5.82% . Institutional Investors own 97.95% of Monster Worldwide shares. During last six month period, the net percent change held by insiders has seen a change of 2.12%.

Monster Worldwide, Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company operates in three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Companys Careers North America and International segments, works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America, Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation, and other career-related content.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.