MKS Instruments (NASDAQ:MKSI) : Traders are bullish on MKS Instruments (NASDAQ:MKSI) as it has outperformed the S&P 500 by a wide margin of 5.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2%, 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 3.31% in the last 1 week, and is up 6.9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 18.19% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $44.05 and the one year low was seen on Oct 22, 2015. The 50-Day Moving Average price is $41.20 and the 200 Day Moving Average price is recorded at $36.77.
The stock has recorded a 20-day Moving Average of 5.92% and the 50-Day Moving Average is 11.56%.
MKS Instruments (NASDAQ:MKSI): stock turned positive on Friday. Though the stock opened at $42.23, the bulls momentum made the stock top out at $44.05 level for the day. The stock recorded a low of $42.23 and closed the trading day at $43.99, in the green by 5.67%. The total traded volume for the day was 610,671. The stock had closed at $41.63 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 director of Mks Instruments Inc, Hanley Peter had sold 2,000 shares worth of $82,580 in a transaction dated June 10, 2016. In this transaction, 2,000 shares were sold at $41.29 per share.
MKS Instruments, Inc. (MKS) is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service, and Asia Region Sales & Service. The Advanced Manufacturing Capital Equipment segment includes the development, manufacture, sales and servicing of instruments and control products, power and reactive gas products, materials delivery products and vacuum products. The Analytical Solutions Group includes gas composition analysis, information technology products and custom fabrication services. The Europe and Asia region sales and service segments resell and service the Advanced Manufacturing Capital Equipment and Analytical Solutions Group products sold into their respective regions.