Stanley Black & Decker (NYSE:SWK) : Traders are bullish on Stanley Black & Decker (NYSE:SWK) as it has outperformed the S&P 500 by a wide margin of 0.18% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.06%, 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 2.36% in the last 1 week, and is up 1.8% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 6.87% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $115.36 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $112.43 and the 200 Day Moving Average price is recorded at $104.73.
The stock has recorded a 20-day Moving Average of 3.11% and the 50-Day Moving Average is 2.57%.
Stanley Black & Decker (NYSE:SWK): stock turned positive on Friday. Though the stock opened at $113.97, the bulls momentum made the stock top out at $115.36 level for the day. The stock recorded a low of $113.83 and closed the trading day at $114.97, in the green by 1.77%. The total traded volume for the day was 1,046,720. The stock had closed at $112.97 in the previous days trading.
In an insider trading activity, The officer (VP & Chief Information Officer), of Stanley Black & Decker, Inc., Gass Rhonda had unloaded 1,978 shares at $114.75 per share in a transaction on May 24, 2016. The total value of transaction was $226,976. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Stanley Black & Decker, Inc. is a global provider of power and hand tools, products and services. The Company provides products and services for various industrial applications, mechanical access solutions (automatic doors and commercial locking systems), and electronic security and monitoring systems. The Companys operating segments include: Construction & Do-It-Yourself (CDIY), Industrial and Security. The CDIY segment consists of the Professional Power Tool Business; the Consumer Products Group, which includes outdoor products; the Hand Tools & Storage business, and the Fastening & Accessories business. The Industrial segment consists of the Industrial and Automotive Repair (IAR), Engineered Fastening and Infrastructure Businesses. The Security segment consists of the Convergent Security Solutions (CSS) and Mechanical Access Solutions (MAS) businesses.