Harman International Industries Incorporated (NYSE:HAR) : During the past 4 weeks, traders have been relatively bearish on Harman International Industries Incorporated (NYSE:HAR), hence the stock is down -5.39% 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 -0.65% relative to the S&P 500. The stock has risen by 0.63% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.86% in the past 4 weeks.
The company shares have dropped -36.41% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $119.19 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $75.21 and the 200 Day Moving Average price is recorded at $79.21.
The stock has recorded a 20-day Moving Average of 0.39% and the 50-Day Moving Average is 1.82%.
Harman International Industries Incorporated (NYSE:HAR): stock turned positive on Friday. Though the stock opened at $72.74, the bulls momentum made the stock top out at $74.46 level for the day. The stock recorded a low of $72.39 and closed the trading day at $73.75, in the green by 3.28%. The total traded volume for the day was 963,263. The stock had closed at $71.41 in the previous days trading.
In an insider trading activity, Santana Ralph, (Chief Marketing Officer) of Harman International Industries Inc /De/, unloaded 3,650 shares at an average price of $72.17 on May 6, 2016. The total amount of the transaction was worth $263,421, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Harman International Industries, Incorporated, is engaged in the designing and engineering of connected products and solutions for automakers, consumers and enterprises, including audio systems, visual products, enterprise automation solutions and connected services. The Company operates through four segments. The Infotainment segment offers infotainment systems for vehicle applications. The Lifestyle segment offers car audio systems for vehicle applications, as well as a range of loudspeaker and electronics for home, multimedia and mobile applications. The Professional segment provides audio, lighting, video and control and automation solutions for commercial, enterprise and public space applications. The Services segment creates software solutions that integrate design, mobility, cloud and analytics. Its brands include AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, Revel, Soundcraft and Studer.