Company Shares of Cooper Tire & Rubber Company (NYSE:CTB) Rally 0.2%

Cooper Tire & Rubber Company (NYSE:CTB) : During the past 4 weeks, traders have been relatively bearish on Cooper Tire & Rubber Company (NYSE:CTB), hence the stock is down -2.82% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.07% relative to the S&P 500. The stock has risen by 0.2% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.25% in the past 4 weeks.

The company shares have dropped -7.40% from its 1 Year high price. On Nov 3, 2015, the shares registered one year high at $43.40 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $30.98 and the 200 Day Moving Average price is recorded at $34.84.

The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 2.68%.


Cooper Tire & Rubber Company (NYSE:CTB): stock turned positive on Friday. Though the stock opened at $30.55, the bulls momentum made the stock top out at $31.04 level for the day. The stock recorded a low of $30.43 and closed the trading day at $30.8, in the green by 2.12%. The total traded volume for the day was 638,137. The stock had closed at $30.16 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Armes Roy V, director officer (COB, President & CEO) of Cooper Tire & Rubber Co, had unloaded 50,000 shares at an average price of $39.39 in a transaction dated on March 3, 2016. The total value of the transaction was worth $1,969,500.

Cooper Tire & Rubber Company (Cooper) is a manufacturer and marketer of replacement tires. The Company specializes in the design, manufacture, marketing and sales of passenger car and light truck tires. Cooper and its subsidiaries also sell medium truck, motorcycle and racing tires. The Company operates in two segments: Americas Tire Operations and International Tire Operations. The Americas Tire Operations segment manufactures and markets passenger car and light truck tires, primarily for sale in the United States replacement market. It supplies passenger car tires. The segment also distributes tires for racing, medium truck and motorcycles. The racing and motorcycle tires are manufactured in the Companys International Tire Operations segment and by others. The distribution channels and customers include independent tire dealers, wholesale distributors, regional and national retail tire chains, and retail chains that sell tires, as well as other automotive products.

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