Company Shares of Patterson Companies (NASDAQ:PDCO) Rally 2.81%

Patterson Companies (NASDAQ:PDCO) has been under a strong bear grip, hence the stock is down -1.13% 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 1.51% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.81% in the last 1 week, and is up 0.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 1.40% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $53.07 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $48.11 and the 200 Day Moving Average price is recorded at $44.91.

The stock has recorded a 20-day Moving Average of 3.61% and the 50-Day Moving Average is 6.76%.


Patterson Companies (NASDAQ:PDCO): stock turned positive on Friday. Though the stock opened at $49.39, the bulls momentum made the stock top out at $49.85 level for the day. The stock recorded a low of $49.19 and closed the trading day at $49.83, in the green by 1.51%. The total traded volume for the day was 696,302. The stock had closed at $49.09 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 (Vice President & CFO) of Patterson Companies, Inc., Gugino Ann B had sold 750 shares worth of $36,645 in a transaction dated May 31, 2016. In this transaction, 750 shares were sold at $48.86 per share.

Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets. The Company operates through three segments: dental supply, veterinary supply and rehabilitation supply. The Companys dental supply segment provides consumable products (including x-ray film, restorative materials, hand instruments and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems, and office forms and stationery. The Companys veterinary supply segment distributes veterinary supplies to companion-pet (dogs, cats and other common household pets), equine and large animal veterinarians and veterinary clinics, public and private institutions and shelters across the United States and in the United Kingdom. The rehabilitation supply segment distributes rehabilitation medical supplies and equipment.

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