Monster Worldwide (NYSE:MWW) has been under a strong bear grip, hence the stock is down -5.22% 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 8.73% in the past 1 week. The stock has risen by 10.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.69% in the past 4 weeks.
The company shares have dropped -57.84% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $8.23 and the one year low was seen on Jun 28, 2016. The 50-Day Moving Average price is $2.59 and the 200 Day Moving Average price is recorded at $3.46.
The stock has recorded a 20-day Moving Average of 2.76% and the 50-Day Moving Average is 3.38%.
Monster Worldwide (NYSE:MWW): stock turned positive on Friday. Though the stock opened at $2.5, the bulls momentum made the stock top out at $2.62 level for the day. The stock recorded a low of $2.49 and closed the trading day at $2.61, in the green by 5.67%. The total traded volume for the day was 837,625. The stock had closed at $2.47 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 (EVP, GC and Secretary) of Monster Worldwide, Inc., Miller Michael Connolly had sold 9,399 shares worth of $24,907 in a transaction dated May 16, 2016. In this transaction, 9,399 shares were sold at $2.65 per share.
Monster Worldwide, Inc. is engaged in connecting people to jobs. The Company offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company operates in three segments: Careers-North America, Careers-International and Internet Advertising & Fees. The Companys Careers North America and International segments, works by connecting employers with job seekers at various levels and by providing searchable jobs and career management resources online in North America, Europe and Asia markets. Its Internet Advertising & Fees business operates a network of Websites that connect companies to targeted audiences. Its services and solutions include: searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation, and other career-related content.