Service Corporation International (NYSE:SCI) : Traders are bullish on Service Corporation International (NYSE:SCI) as it has outperformed the S&P 500 by a wide margin of 2.13% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.93%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.24% in the last 1 week, and is up 3.78% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -5.83% from its 1 Year high price. On Aug 19, 2015, the shares registered one year high at $32.02 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $26.91 and the 200 Day Moving Average price is recorded at $25.20.
The stock has recorded a 20-day Moving Average of 4.46% and the 50-Day Moving Average is 3.66%.
Service Corporation International (NYSE:SCI): stock turned positive on Friday. Though the stock opened at $27.45, the bulls momentum made the stock top out at $27.86 level for the day. The stock recorded a low of $27.45 and closed the trading day at $27.76, in the green by 1.98%. The total traded volume for the day was 728,073. The stock had closed at $27.22 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Waltrip W Blair, director of Service Corporation International, had unloaded 1,424 shares at an average price of $27 in a transaction dated on June 10, 2016. The total value of the transaction was worth $38,448.
Service Corporation International is a provider of death care products and services. The Company has a network of funeral service locations and cemeteries operating in the United States and Canada. Its funeral service and cemetery operations consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria and related businesses. The Companys segments include Funeral and Cemetery. The Companys brands include Dignity Memorial, Dignity Planning, National Cremation Society, Advantage, Funeraria Del Angel, Making Everlasting Memories and Neptune Society/Trident Society. The Company sells cemetery property and funeral and cemetery merchandise and services at the time of need and on a pre-need basis. The Company provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles and preparation and embalming services.