Ralph Lauren Corporation (NYSE:RL) has been under a strong bear grip, hence the stock is down -4.21% 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 2.21% in the past 1 week. The stock has risen by 3.52% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.66% in the past 4 weeks.
The company shares have dropped -30.55% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $137.38 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $93.27 and the 200 Day Moving Average price is recorded at $96.12.
The stock has recorded a 20-day Moving Average of 1.1% and the 50-Day Moving Average is 1.57%.
Ralph Lauren Corporation (NYSE:RL): stock turned positive on Friday. Though the stock opened at $92.47, the bulls momentum made the stock top out at $93.8 level for the day. The stock recorded a low of $92.26 and closed the trading day at $93.25, in the green by 1.62%. The total traded volume for the day was 831,056. The stock had closed at $91.76 in the previous days trading.
In an insider trading activity, The director officer (EVP, Advert., Mktg., & Comm.), of Ralph Lauren Corp, Lauren David R. had unloaded 4,668 shares at $93.71 per share in a transaction on June 16, 2016. The total value of transaction was $437,438. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates in three segments: Wholesale, Retail and Licensing. Wholesale business, representing approximately 46% of net revenues as of fiscal year ended March 28, 2015 (Fiscal 2015), consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Companys retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company license to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear and fragrances.