Newell Rubbermaid (NYSE:NWL) has climbed 0.88% in the past week and advanced 2.61% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.09% and the outperformance has advanced to 1.67% for the last 4 weeks period.
Newell Rubbermaid (NYSE:NWL): The stock opened at $48.70 on Friday but the bulls could not build on the opening and the stock topped out at $48.92 for the day. The stock traded down to $48.27 during the day, due to lack of any buying support eventually closed down at $48.37 with a loss of -0.72% for the day. The stock had closed at $48.72 on the previous day. The total traded volume was 8,023,574 shares.
The company shares have rallied 15.66% from its 1 Year high price. On Dec 7, 2015, the shares registered one year high at $50.90 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $47.79 and the 200 Day Moving Average price is recorded at $43.05.
On the companys insider trading activities, De Sole Domenico, director of Newell Brands Inc, executed a transaction worth $199,762 on June 2, 2016. A total of 4,180 shares were purchased at an average price of $47.79. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. Barclays reinstates its view on Newell Rubbermaid (NYSE:NWL) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Barclays announces the current price target of $57 per share on Newell Rubbermaid . The rating by the firm was issued on April 25, 2016. Currently the company Insiders own 0.66% of Newell Rubbermaid shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14% . Institutional Investors own 90.59% of Newell Rubbermaid shares. During last six month period, the net percent change held by insiders has seen a change of -5.57%.
Newell Rubbermaid Inc. is a marketer of consumer and commercial products. The Company operates in five segments: Writing, which designs, manufactures or sources, and distributes writing instruments and labeling solutions, primarily for use in business and the home; Home Solutions, which designs, manufactures or sources, and distributes a range of consumer products under various brand names; Tools, which designs, manufactures or sources, and distributes hand tools and power tool accessories, industrial bandsaw blades, tools and industrial-labeling solutions; Commercial Products, which designs, manufactures or sources, and distributes cleaning and refuse products, hygiene systems, material handling solutions, and medical and computer carts, and Baby & Parenting, which designs and distributes infant and juvenile products. Its products are marketed under a portfolio of various brands, including Sharpie, Paper Mate, Parker, Calphalon, Irwin, Lenox, Elmers, Graco, Aprica and Baby Jogger.