Korn/Ferry International (NYSE:KFY) has been under a strong bear grip, hence the stock is down -27.29% 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 0.38% in the past 1 week. The stock has risen by 1.67% in the past week indicating that the buyers are active at lower levels, but the stock is down -26.12% in the past 4 weeks.
The company shares have dropped -39.35% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $38.93 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $25.12 and the 200 Day Moving Average price is recorded at $28.00.
The stock has recorded a 20-day Moving Average of 6.69% and the 50-Day Moving Average is 17.92%.
Korn/Ferry International (NYSE:KFY): stock turned positive on Friday. Though the stock opened at $20.68, the bulls momentum made the stock top out at $21.53 level for the day. The stock recorded a low of $20.6647 and closed the trading day at $21.3, in the green by 4.57%. The total traded volume for the day was 896,448. The stock had closed at $20.37 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 Cfo of KORN FERRY INTERNATIONAL, Rozek Robert P, had purchased 1,500 shares in a transaction dated on June 28, 2016. The transaction was executed at $19.05 per share with total amount equaling $28,575.
Korn/Ferry International offers leadership and talent consulting services. The Company provides executive recruitment, leadership development, enterprise learning, succession planning and recruitment process outsourcing. Its business segments include Executive Recruitment, Leadership & Talent Consulting (LTC), and Professional Search and Recruitment Process Outsourcing (Futurestep). Its executive recruitment services are used to fill executive-level positions, such as board directors, chief executive officers, chief financial officers, chief operating officers, chief information officers and other senior executive officers. Its strategic management assessment and executive coaching and development services are consolidated under the LTC segment. Its subsidiary, Futurestep, offers talent acquisition solutions, including recruitment process outsourcing, project recruitment, professional search, talent consulting and talent communications. It operates in around 37 countries.