Crown Holdings (NYSE:CCK) has been under a strong bear grip, hence the stock is down -4.22% 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 0.29% in the past 1 week. The stock has risen by 1.57% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.67% in the past 4 weeks.
The company shares have dropped -4.67% from its 1 Year high price. On May 12, 2016, the shares registered one year high at $55.44 and the one year low was seen on Feb 4, 2016. The 50-Day Moving Average price is $52.06 and the 200 Day Moving Average price is recorded at $49.76.
The stock has recorded a 20-day Moving Average of 0.13% and the 50-Day Moving Average is 1.79%.
Crown Holdings (NYSE:CCK): stock turned positive on Friday. Though the stock opened at $51, the bulls momentum made the stock top out at $52.01 level for the day. The stock recorded a low of $50.824 and closed the trading day at $51.68, in the green by 2.40%. The total traded volume for the day was 889,705. The stock had closed at $50.47 in the previous days trading.
In an insider trading activity, Bourque Robert H Jr, (President – Asia Pacific Div.) of Crown Holdings Inc, unloaded 715 shares at an average price of $52.41 on May 26, 2016. The total amount of the transaction was worth $37,473, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Crown Holdings, Inc. is engaged in design, manufacture and sale of packaging products for consumer goods. The Companys business is organized within three divisions, Americas, Europe and Asia Pacific. Within each Division, the Company is organized along product lines. Within the Americas Division, the Company operates Americas Beverage and North America Food. Within the European Division, the Company operates European Beverage and European Food. The Companys Asia Pacific Division consists of beverage can operations and also includes the Companys non-beverage can operations, such as food cans and specialty packaging. The Company also operates European aerosol and specialty packaging business, its North American aerosol can business and its tooling and equipment operations in the United States and United Kingdom. The Companys products include steel and aluminum cans for food, beverage, household and other consumer products, and metal vacuum closures and caps.