Knowles Corporation (NYSE:KN) has been under a strong bear grip, hence the stock is down -7.03% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.27% in the past 1 week. The stock has risen by 3.58% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.53% in the past 4 weeks.
The company shares have dropped -25.42% from its 1 Year high price. On Oct 5, 2015, the shares registered one year high at $22.33 and the one year low was seen on Feb 16, 2016. The 50-Day Moving Average price is $14.41 and the 200 Day Moving Average price is recorded at $13.10.
The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 1.49%.
Knowles Corporation (NYSE:KN): stock turned positive on Friday. Though the stock opened at $13.5, the bulls momentum made the stock top out at $14.19 level for the day. The stock recorded a low of $13.34 and closed the trading day at $14.17, in the green by 6.38%. The total traded volume for the day was 673,627. The stock had closed at $13.32 in the previous days trading.
In an insider trading activity, Niew Jeffrey, director officer (President & CEO) of Knowles Corp, unloaded 4,467 shares at an average price of $11.15 on February 18, 2016. The total amount of the transaction was worth $49,807, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Knowles Corporation (Knowles) is a supplier of micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. The Company operates micro-electro-mechanical systems (MEMS) microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets. The Companys segments include Mobile Consumer Electronics (MCE) and Specialty Components (SC). MCE includes analog and digital microphones, MEMS microphones, surface mounted device microphones, multi-functional devices, and integrated audio sub-systems, among others. SC includes transducers, oscillators, capacitors and filters. The Company is also a manufacturer of transducers used in hearing aids and other medical devices and capacitor components which provide various types of communication. The Companys wholly owned subsidiary Audience, Inc. offers intelligent audio and signal processing solutions.