Moodys Corporation (NYSE:MCO) has been under a strong bear grip, hence the stock is down -4.27% 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 1.52% in the past 1 week. The stock has risen by 2.82% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.73% in the past 4 weeks.
The company shares have dropped -13.00% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $113.87 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $96.78 and the 200 Day Moving Average price is recorded at $93.72.
The stock has recorded a 20-day Moving Average of 0.97% and the 50-Day Moving Average is 0.66%.
Moodys Corporation (NYSE:MCO): stock turned positive on Friday. Though the stock opened at $95.47, the bulls momentum made the stock top out at $97.05 level for the day. The stock recorded a low of $94.94 and closed the trading day at $96.73, in the green by 2.65%. The total traded volume for the day was 1,007,395. The stock had closed at $94.23 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 MOODYS CORP /DE/, Duffie Darrell had sold 500 shares worth of $45,970 in a transaction dated June 30, 2016. In this transaction, 500 shares were sold at $91.94 per share.
Moodys Corporation (Moodys) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moodys Investors Service (MIS) and Moodys Analytics (MA). The Companys MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world, including various corporate and Governmental obligations, structured finance securities and commercial paper programs. The Companys MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.