HRG Group (NYSE:HRG) : Traders are bullish on HRG Group (NYSE:HRG) as it has outperformed the S&P 500 by a wide margin of 0.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.5%, 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 2.8% in the last 1 week, and is up 2.2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 4.57% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $14.73 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $13.54 and the 200 Day Moving Average price is recorded at $13.00.
The stock has recorded a 20-day Moving Average of 3.66% and the 50-Day Moving Average is 1.69%.
HRG Group (NYSE:HRG): stock turned positive on Friday. Though the stock opened at $13.72, the bulls momentum made the stock top out at $14.025 level for the day. The stock recorded a low of $13.64 and closed the trading day at $13.96, in the green by 3.03%. The total traded volume for the day was 970,681. The stock had closed at $13.55 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Maura David M, director officer (Managing Director and EVP) of Hrg Group, Inc., had unloaded 177,500 shares at an average price of $13.09 in a transaction dated on December 3, 2015. The total value of the transaction was worth $2,323,475.
HRG Group, Inc., formerly Harbinger Group Inc., is a holding company. The Companys operations are conducted through Fidelity & Guaranty Life (FGL), that offers life insurance and annuity products; Front Street Re (Delaware) Ltd. (Front Street), which offers reinsurance; Salus Capital Partners, LLC (Salus), Five Island Asset Management, LLC (FIAM), which holds interests in FIAM Capital Management, LLC (Five Island), Energy & Infrastructure Capital (EIC) and CorAmerica Capital, LLC (CorAmerica) offer financing and asset management, Spectrum Brands Holdings, Inc. (Spectrum Brands), which provides consumer products, such as batteries, small appliances, pet supplies, home and garden control products, personal care products and hardware and home improvement products. It also holds oil and natural gas properties through Compass Production GP, LLC and Compass Production Partners, LP. The Company operates through four segments: Consumer Products, Insurance, Energy and Asset Management.