Shares of Brunswick Corporation (BC) Rally 3.06%

Brunswick Corporation (BC) : Traders are bullish on Brunswick Corporation (BC) as it has outperformed the S&P 500 by a wide margin of 1.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.54%, 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 3.06% in the last 1 week, and is up 5.53% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.87% and the 50-Day Moving Average is 5.21%.

Brunswick Corporation (NYSE:BC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.87 and $48.68 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.23, notching a gain of 1.69% for the day. The total traded volume was 1,245,422 . The stock had closed at $48.41 on the previous day.


The company Insiders own 2.5% of Brunswick Corporation shares according to the proxy statements. Institutional Investors own 99.8% of Brunswick Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -21.77%. In a related news, Pfeifer John C, officer (PRES MERCURY MARINE) of Brunswick Corp, unloaded 1,519 shares at an average price of $47.69 on May 31, 2016. The total amount of the transaction was worth $72,441, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Brunswick Corporation (Brunswick) is a designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness and billiards equipment. The Company operates in three segments: Marine Engine, Boat and Fitness. Brunswicks engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems, and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts, yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats, and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness), which designs, manufactures and markets a line of cardiovascular fitness equipment, including treadmills, total body cross-trainers, stair climbers and stationary exercise bicycles, and strength-training equipment under the Life Fitness, Cybex and Hammer Strength brands.

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