Entegris (NASDAQ:ENTG) : Traders are bullish on Entegris (NASDAQ:ENTG) as it has outperformed the S&P 500 by a wide margin of 0.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.03%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.31% in the last 1 week, and is up 2.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 5.68% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $15.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.23 and the 200 Day Moving Average price is recorded at $13.03.
The stock has recorded a 20-day Moving Average of 3.22% and the 50-Day Moving Average is 5.75%.
Entegris (NASDAQ:ENTG): stock turned positive on Friday. Though the stock opened at $14.32, the bulls momentum made the stock top out at $14.75 level for the day. The stock recorded a low of $14.1807 and closed the trading day at $14.69, in the green by 3.52%. The total traded volume for the day was 629,926. The stock had closed at $14.19 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Shaner William James, officer (Sr. V.P. Global Ops.) of Entegris Inc, had unloaded 24,746 shares at an average price of $14.4 in a transaction dated on June 1, 2016. The total value of the transaction was worth $356,342.
Entegris, Inc. is a developer, manufacturer and supplier of materials and solutions for manufacturing processes in the semiconductor and other high-technology industries. The Company designs, manufactures and markets its products through two segments: Critical Materials Handling and Electronic Materials. In the Critical Materials Handling segment, the Company offers a range of products that purify, monitor and deliver critical liquids and gases to the semiconductor manufacturing process and similar manufacturing processes, as well as microenvironment products. In the Electronic Materials segment, the Company offers a range of materials and materials delivery systems to support the semiconductor manufacturing processes. The Companys products and materials are used to manufacture semiconductors, micro-electromechanical systems (MEMS), flat panel displays, light emitting diodes (LEDs), chemicals and critical components for aerospace, glass manufacturing and biomedical applications.