Stericycle (NASDAQ:SRCL) has climbed 1.4% in the past week and advanced 5.26% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.62% and the outperformance has advanced to 4.3% for the last 4 weeks period.
Stericycle (NASDAQ:SRCL): The stock opened at $103.00 on Friday but the bulls could not build on the opening and the stock topped out at $103.03 for the day. The stock traded down to $100.94 during the day, due to lack of any buying support eventually closed down at $101.48 with a loss of -1.37% for the day. The stock had closed at $102.89 on the previous day. The total traded volume was 1,894,415 shares.
The company shares have dropped -26.21% from its 1 Year high price. On Oct 20, 2015, the shares registered one year high at $151.57 and the one year low was seen on Apr 29, 2016. The 50-Day Moving Average price is $97.85 and the 200 Day Moving Average price is recorded at $113.38.
On the companys insider trading activities, Miller Mark C, director of Stericycle Inc, unloaded 25,000 shares at an average price of $101.12 on June 15, 2016. The total amount of the transaction was worth $2,528,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Imperial Capital maintains its rating on Stericycle (NASDAQ:SRCL). The rating major has initiated the coverage with in-line rating on the shares. The Analysts at Imperial Capital raises the price target from $95 per share to $100 per share. The rating by the firm was issued on May 26, 2016. Currently the company Insiders own 3.3% of Stericycle shares according to the proxy statements. Institutional Investors own 99.89% of Stericycle shares.
Stericycle, Inc. is engaged in the business of providing regulated and compliance solutions to healthcare and commercial businesses. The Companys solutions include the collection and processing of specialized waste for disposal, and a variety of training, consulting, recall/return, communication, and compliance services, which include training, consulting, inbound/outbound communications, data reporting, and other regulatory compliance services. The Company operates regulated waste management networks in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, South Korea, Spain, and the United Kingdom. The Company operates through two segments: United States and International. The Companys networks include a total of 181 processing facilities, 214 transfer sites, and 97 other service facilities. Its regulated waste processing technology is primarily autoclaving. The Company also uses incineration and electro-thermal-deactivation system (ETD).