Procter & Gamble Company (The) (NYSE:PG) has tumbled 0.08% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.89% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 1.11% and the outperformance has advanced to 2.94% for the last 4 weeks period.
Procter & Gamble Company (The) (NYSE:PG): The stock opened at $83.31 on Friday but the bulls could not build on the opening and the stock topped out at $83.44 for the day. The stock traded down to $82.35 during the day, due to lack of any buying support eventually closed down at $83.13 with a loss of -0.34% for the day. The stock had closed at $83.41 on the previous day. The total traded volume was 11,741,742 shares.
The company shares have rallied 3.22% from its 1 Year high price. On Mar 21, 2016, the shares registered one year high at $83.87 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $81.72 and the 200 Day Moving Average price is recorded at $80.75.
On the companys insider trading activities,The officer (President-Europe SMO) of Procter & Gamble Co, Coombe Gary A sold 1,529 shares at $82.36 on June 3, 2016. The Insider selling transaction had a total value worth of $125,928. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Jefferies initiates coverage on Procter & Gamble Company (The) (NYSE:PG) . The global brokerage major announces a current price target of $95 per share. Analysts at the Jefferies have a current rating of Buy on the shares. The rating by the firm was issued on June 15, 2016. Currently the company Insiders own 0.29% of Procter & Gamble Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.4% . Institutional Investors own 60.85% of Procter & Gamble Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -11.27%.
The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands. The Companys products are sold in over 180 countries and territories. P&Gs customers include mass merchandisers, grocery stores, membership club stores, drug stores, department stores, salons distributors, e-commerce and stores.