On a relative basis, the stock has outperformed the S&P 500 by 3.73% 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 0.72% in the last 1 week, and is up 5.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 15.82% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $99.78 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $95.14 and the 200 Day Moving Average price is recorded at $89.55.
The stock has recorded a 20-day Moving Average of 4.41% and the 50-Day Moving Average is 6.49%.
Cintas Corporation (NASDAQ:CTAS): stock turned positive on Friday. Though the stock opened at $99.67, the bulls momentum made the stock top out at $99.78 level for the day. The stock recorded a low of $99.12 and closed the trading day at $99.63, in the green by 0.88%. The total traded volume for the day was 834,796. The stock had closed at $98.76 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Adolph Gerald S, director of Cintas Corp, had unloaded 1,000 shares at an average price of $90.21 in a transaction dated on May 5, 2016. The total value of the transaction was worth $90,210.
Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, and first aid, safety and fire protection products and services. The Company has three segments: Rental Uniforms and Ancillary Products, Uniform Direct Sales, and First Aid, Safety and Fire Protection Services. The Companys Rental Uniforms and Ancillary Products segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. The Companys Uniform Direct Sales segment consists of the direct sale of uniforms and related items. The Companys First Aid, Safety and Fire Protection Services segment consists of first aid, safety and fire protection products and services.