On a relative basis, the stock has outperformed the S&P 500 by 6.02% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.32% in the last 1 week, and is up 7.73% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.63% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $201.24 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $154.99 and the 200 Day Moving Average price is recorded at $152.67.
The stock has recorded a 20-day Moving Average of 5.3% and the 50-Day Moving Average is 7.5%.
Advance Auto Parts Inc (NYSE:AAP): stock turned positive on Friday. Though the stock opened at $162.29, the bulls momentum made the stock top out at $165.26 level for the day. The stock recorded a low of $161.68 and closed the trading day at $164.85, in the green by 2.31%. The total traded volume for the day was 911,119. The stock had closed at $161.13 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Advance Auto Parts Inc, Smith Jeffrey C had purchased shares worth of $61,655,577 in a transaction dated on June 8, 2016. A total of 397,624 shares were purchased at a price of $155.06 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Advance Auto Parts, Inc. is a provider of automotive aftermarket parts. The companys stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through a variety of channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. As of January 3, 2015, the Companys operations are comprised of 5,261 stores and 111 distribution branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands primarily under the trade names Advance Auto Parts, Carquest, Autopart International and Worldpac.