The NASDAQ OMX Group (NASDAQ:NDAQ) has been under a strong bear grip, hence the stock is down -1.14% 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 0.43% 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 1.71% 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 29.99% from its 1 Year high price. On Mar 15, 2016, the shares registered one year high at $67.61 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $64.56 and the 200 Day Moving Average price is recorded at $62.83.
The stock has recorded a 20-day Moving Average of 2.68% and the 50-Day Moving Average is 3.04%.
The NASDAQ OMX Group (NASDAQ:NDAQ): stock turned positive on Friday. Though the stock opened at $65.42, the bulls momentum made the stock top out at $66.1 level for the day. The stock recorded a low of $65.23 and closed the trading day at $65.88, in the green by 1.48%. The total traded volume for the day was 830,120. The stock had closed at $64.92 in the previous days trading.
In an insider trading activity, Greifeld Robert, director officer (CEO) of Nasdaq, Inc., unloaded 58,511 shares at an average price of $65.31 on June 13, 2016. The total amount of the transaction was worth $3,821,353, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.