Bruker Corporation (NASDAQ:BRKR) has been under a strong bear grip, hence the stock is down -6.03% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.28% in the past 1 week. The stock has risen by 3.59% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.52% in the past 4 weeks.
The company shares have rallied 12.98% from its 1 Year high price. On Apr 11, 2016, the shares registered one year high at $29.85 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $24.66 and the 200 Day Moving Average price is recorded at $25.66.
The stock has recorded a 20-day Moving Average of 0.4% and the 50-Day Moving Average is 7.46%.
Bruker Corporation (NASDAQ:BRKR): stock turned positive on Friday. Though the stock opened at $23.55, the bulls momentum made the stock top out at $23.81 level for the day. The stock recorded a low of $23.45 and closed the trading day at $23.68, in the green by 1.02%. The total traded volume for the day was 988,749. The stock had closed at $23.44 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 CEO of Bruker Corp, Laukien Frank H, had purchased 4,174 shares in a transaction dated on June 14, 2016. The transaction was executed at $23.95 per share with total amount equaling $99,967.
Bruker Corporation is a designer and manufacturer of life science and materials research systems and associated products that address the needs of a range of customers in life science research, pharmaceuticals, applied markets, nanotechnology, cell biology, clinical research, microbiology and in-vitro diagnostics. The Company operates through two segments: Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). BSI is organized into three operating segments: the Bruker BioSpin Group, the Bruker CALID Group and the Bruker Nano Group. BEST designs, manufactures and distributes superconducting materials. The company maintains technical and manufacturing centers in Europe and North America, and it has sales offices located throughout the world.