On a relative basis, the stock has outperformed the S&P 500 by 4.3% 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 0.98% in the last 1 week, and is up 5.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 22.55% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $68.47 and the one year low was seen on Nov 13, 2015. The 50-Day Moving Average price is $62.80 and the 200 Day Moving Average price is recorded at $55.35.
The stock has recorded a 20-day Moving Average of 5.13% and the 50-Day Moving Average is 12.66%.
Burlington Stores (NYSE:BURL): stock turned positive on Friday. Though the stock opened at $68.24, the bulls momentum made the stock top out at $68.47 level for the day. The stock recorded a low of $67.46 and closed the trading day at $67.71, in the green by 1.00%. The total traded volume for the day was 1,073,982. The stock had closed at $67.04 in the previous days trading.
In an insider trading activity, The director officer (President & CEO), of Burlington Stores, Inc., Kingsbury Thomas had unloaded 20,000 shares at $67.25 per share in a transaction on July 1, 2016. The total value of transaction was $1,345,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Burlington Stores, Inc. is a retailer of branded apparel. As of January 31, 2015, the Company had 542 stores, inclusive of an Internet store, in 44 states of the United States and Puerto Rico. The Companys offerings for women include dresses, tops, bottoms, coats, shoes, suits and suit separates, handbags, intimates and sleepwear, active wear, sweaters, swimwear and cover-ups, jewelry and watches, maternity, beauty and fragrance and scrubs. The Companys offerings for men include t-shirts, suits and suit separates, coats, shoes, pants, button downs, jeans, shorts, dress shirts, polos, hoodies and sweatshirts, swim and active wear, sports fan shop, socks and underwear, pajamas and robes, grooming, gadgets and gifts, belts, wallets and sweaters. The Companys offerings for juniors include dresses, tops, bottoms, shoes, coats, sweaters, handbags, sleepwear, swimwear, beauty and fragrance, jewelry and watches.