Headwaters Incorporated (NYSE:HW) : Traders are bullish on Headwaters Incorporated (NYSE:HW) as it has outperformed the S&P 500 by a wide margin of 3.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.29%, 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 3.6% in the last 1 week, and is up 4.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -0.05% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $21.76 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $18.09 and the 200 Day Moving Average price is recorded at $17.81.
The stock has recorded a 20-day Moving Average of 6.24% and the 50-Day Moving Average is 1.92%.
Headwaters Incorporated (NYSE:HW): stock turned positive on Friday. Though the stock opened at $18.25, the bulls momentum made the stock top out at $18.72 level for the day. The stock recorded a low of $18.25 and closed the trading day at $18.7, in the green by 3.49%. The total traded volume for the day was 613,935. The stock had closed at $18.07 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Gehrmann William, officer (Pres. Headwaters Resources) of Headwaters Inc, had unloaded 2,112 shares at an average price of $17.93 in a transaction dated on November 5, 2015. The total value of the transaction was worth $37,868.
Headwaters Incorporated (Headwaters) is a building products company providing products and services in the light and heavy building materials sectors. It operates in three segments: light building products, heavy construction materials and energy technology. The Companys light building products segment is engaged in design, manufacture and marketing of siding accessories used in residential repair and remodeling and new residential construction applications. Heavy construction materials segment is engaged in management and marketing of fly ash and other CCPs, procuring fly ash from coal-fueled electric generating utilities and supplying it to customers as a mineral admixture used as a partial replacement for portland cement in the production of concrete. The energy technology segment is focused on reducing waste and increasing the value of energy-related feedstocks, primarily in the areas of low-value coal and oil.