ITT Corporation (NYSE:ITT) : During the past 4 weeks, traders have been relatively bearish on ITT Corporation (NYSE:ITT), hence the stock is down -11.68% 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 -2.16% relative to the S&P 500. The 4-week change in the price of the stock is -10.26% and the stock has fallen -0.91% in the past 1 week.
The company shares have dropped -20.77% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $40.52 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $34.23 and the 200 Day Moving Average price is recorded at $34.92.
The stock has recorded a 20-day Moving Average of 5.66% and the 50-Day Moving Average is 9.17%.
ITT Corporation (NYSE:ITT): stock turned positive on Friday. Though the stock opened at $31.22, the bulls momentum made the stock top out at $31.795 level for the day. The stock recorded a low of $30.91 and closed the trading day at $31.58, in the green by 2.83%. The total traded volume for the day was 885,069. The stock had closed at $30.71 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (See Remarks) of Itt Inc., Chicles Aris C had sold 90,778 shares worth of $3,232,605 in a transaction dated May 31, 2016. In this transaction, 90,778 shares were sold at $35.61 per share.
ITT Corporation (ITT) is a diversified manufacturer of engineered critical components and technology solutions for industrial markets. The Companys product and service offerings are organized in four segments: Industrial Process, Motion Technologies, Interconnect Solutions and Control Technologies. Industrial Process manufactures engineered fluid process equipment, and is a provider of plant optimization, solutions and aftermarket services and parts. Motion Technologies manufactures brake components, shock absorbers and damping technologies for the automotive, truck and trailer, public bus and rail transportation markets. Interconnect Solutions manufactures and designs a range of engineered connector solutions that makes it possible to transfer signal and power between electronic devices. Control Technologies manufactures equipment, including actuation, valves, and noise and energy absorption components for the aerospace and defense, and industrial markets.