WebMD Health Corp (NASDAQ:WBMD) has been under a strong bear grip, hence the stock is down -5.75% 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 1.88% in the past 1 week. The stock has risen by 3.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.23% in the past 4 weeks.
The company shares have rallied 32.89% from its 1 Year high price. On May 25, 2016, the shares registered one year high at $67.55 and the one year low was seen on Sep 22, 2015. The 50-Day Moving Average price is $62.09 and the 200 Day Moving Average price is recorded at $57.70.
The stock has recorded a 20-day Moving Average of 0.24% and the 50-Day Moving Average is 3.5%.
WebMD Health Corp (NASDAQ:WBMD): stock turned positive on Friday. Though the stock opened at $58.61, the bulls momentum made the stock top out at $60.305 level for the day. The stock recorded a low of $58.61 and closed the trading day at $60.24, in the green by 3.01%. The total traded volume for the day was 621,307. The stock had closed at $58.48 in the previous days trading.
In an insider trading activity,The director of Webmd Health Corp., Trotman Stanley S Jr sold 7,925 shares at $42.79 on August 17, 2015. The Insider selling transaction had a total value worth of $339,111. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications. The WebMD Health Network includes: www.WebMD.com, its primary public portal for consumers and related mobile-optimized sites and mobile apps; www.Medscape.com, its primary public portal for physicians and other healthcare professionals and related mobile services; and other sites through which, it provides its branded health and wellness content, tools and services. It also offers WebMD Health Services to employers and health plans for use by their employees and members. The Company also offers Information Services under, which it sells certain information products and services on a standalone basis.