Booz Allen Hamilton Holding Corporation (NYSE:BAH) : Traders are bullish on Booz Allen Hamilton Holding Corporation (NYSE:BAH) as it has outperformed the S&P 500 by a wide margin of 0.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.18%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.47% in the last 1 week, and is up 1.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 13.97% from its 1 Year high price. On Dec 29, 2015, the shares registered one year high at $31.34 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $29.08 and the 200 Day Moving Average price is recorded at $28.73.
The stock has recorded a 20-day Moving Average of 3% and the 50-Day Moving Average is 4.31%.
Booz Allen Hamilton Holding Corporation (NYSE:BAH): stock turned positive on Friday. Though the stock opened at $29.77, the bulls momentum made the stock top out at $29.98 level for the day. The stock recorded a low of $29.72 and closed the trading day at $29.78, in the green by 0.64%. The total traded volume for the day was 993,917. The stock had closed at $29.59 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive Vice President) of Booz Allen Hamilton Holding Corp, Penfield Susan L, had purchased 028 shares in a transaction dated on July 1, 2016. The transaction was executed at $29.53 per share with total amount equaling $827.
Booz Allen Hamilton Holding Corporation is a management consulting company. The Company provides management consulting, technology and engineering services to the United States Government in the defense, intelligence and civil markets. It also provides management and technology consulting services to major corporations, institutions, not-for-profit organizations and international clients. Its client base includes the cabinet-level departments of the United States Government, clients in selected commercial markets and international clients. Major government clients include the Department of Defense, all branches of the United States military, the United States Intelligence Community and civil agencies such as the Department of Homeland Security, the Department of Health and Human Services and the Department of the Treasury. In the commercial sector, the Company serves the United States clients primarily in the financial services, healthcare, energy, retail and automotive markets.