Company Shares of Harris Corporation (NYSE:HRS) Rally 1.95%

Harris Corporation (NYSE:HRS) : Traders are bullish on Harris Corporation (NYSE:HRS) as it has outperformed the S&P 500 by a wide margin of 2.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.66%, 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 1.95% in the last 1 week, and is up 3.95% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 4.91% from its 1 Year high price. On Dec 24, 2015, the shares registered one year high at $89.78 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $81.13 and the 200 Day Moving Average price is recorded at $80.03.

The stock has recorded a 20-day Moving Average of 2.85% and the 50-Day Moving Average is 5.91%.


Harris Corporation (NYSE:HRS): stock turned positive on Friday. Though the stock opened at $83.22, the bulls momentum made the stock top out at $84.47 level for the day. The stock recorded a low of $82.735 and closed the trading day at $84.2, in the green by 2.35%. The total traded volume for the day was 829,570. The stock had closed at $82.27 in the previous days trading.

In an insider trading activity,The officer (SVP, Chief Global Bus Dev Off) of Harris Corp /De/, Mehnert Dana A sold 100 shares at $82 on June 10, 2016. The Insider selling transaction had a total value worth of $8,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Harris Corporation (Harris) together with its subsidiaries is engaged in providing technology-based solutions to government and commercial customers. As of July 3, 2015, the Company operated through four business segments: RF Communications, Government Communications Systems, Integrated Network Solutions and Exelis. The RF Communications segment is engaged in serving the United States Department of Defense (DoD) and International Tactical Communications, and public safety and professional communications markets. The Government Communications Systems segment is engaged in serving civil, national intelligence and defense markets. The Integrated Network Solutions segment is engaged in serving information technology (IT) services, and managed satellite and terrestrial communications solutions markets. The Exelis segment provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems.

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