Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) : Traders are bullish on Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) as it has outperformed the S&P 500 by a wide margin of 2.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.6%, 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 2.9% in the last 1 week, and is up 4.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 50.24% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $253.11 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $235.29 and the 200 Day Moving Average price is recorded at $197.77.
The stock has recorded a 20-day Moving Average of 4.27% and the 50-Day Moving Average is 11.16%.
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA): stock turned positive on Friday. Though the stock opened at $248.52, the bulls momentum made the stock top out at $253.11 level for the day. The stock recorded a low of $247.51 and closed the trading day at $250.82, in the green by 1.43%. The total traded volume for the day was 742,598. The stock had closed at $247.29 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Ulta Salon, Cosmetics & Fragrance, Inc., Diromualdo Robert F had sold 2,500 shares worth of $592,725 in a transaction dated June 3, 2016. In this transaction, 2,500 shares were sold at $237.09 per share.
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products. As of January 31, 2015, it operated 774 stores in 47 states. The Company offers products in the categories, including cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance; nail polish and nail care products; mens skincare, haircare and fragrance products; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other health and beauty products.