Select Comfort Corporation (NASDAQ:SCSS) has been under a strong bear grip, hence the stock is down -0.88% 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 2.66% 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 3.98% in the last 1 week, and is up 0.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -26.96% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $30.87 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $22.07 and the 200 Day Moving Average price is recorded at $20.58.
The stock has recorded a 20-day Moving Average of 3.68% and the 50-Day Moving Average is 0.14%.
Select Comfort Corporation (NASDAQ:SCSS): stock turned positive on Friday. Though the stock opened at $22, the bulls momentum made the stock top out at $22.61 level for the day. The stock recorded a low of $21.95 and closed the trading day at $22.49, in the green by 3.02%. The total traded volume for the day was 616,925. The stock had closed at $21.83 in the previous days trading.
In an insider trading activity, The director, of Select Comfort Corp, Lauderback Brenda J had unloaded 416 shares at $22.5 per share in a transaction on May 25, 2016. The total value of transaction was $9,360. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Companys Sleep Number bed offers SleepIQ technology sensors that work directly with the beds DualAir technology to monitor each individuals sleep. The Company also offers a line of sleep products including FlextFit adjustable base technology and Sleep Number pillows, sheets and other bedding products. The Company offers Sleep Number beds in a range of sizes, including twin, full, queen, eastern king, California king and the FlexTop mattress. It offers Sleep Number beds in four series, which includes Classic Series, Performance Series, Innovation Series and Memory Foam Series. The companys Sleep Number bedding collection includes Create Your Perfect PillowSM and AirFit pillow, which adjust to an individuals size, shape and sleeping position.