Signet Jewelers Limited (SIG) : Traders are bullish on Signet Jewelers Limited (SIG) as it has outperformed the S&P 500 by a wide margin of 1.95% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.67%, 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 7.25% in the last 1 week, and is up 6.41% 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 7.04% and the 50-Day Moving Average is 3.18%.
Signet Jewelers Limited (NYSE:SIG): The stock opened at $91.70 on Friday but the bulls could not build on the opening and the stock topped out at $91.76 for the day. The stock traded down to $90.00 during the day, due to lack of any buying support eventually closed down at $90.34 with a loss of -1.36% for the day. The stock had closed at $91.59 on the previous day. The total traded volume was 1,790,845 shares.
The company Insiders own 0.36% of Signet Jewelers Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 8.17% . Institutional Investors own 96.95% of Signet Jewelers Limited shares. During last six month period, the net percent change held by insiders has seen a change of 8.17%. In a related news, Werner Uta, officer (Chief Strategy Officer) of Signet Jewelers Ltd, executed a transaction worth $33,784 on June 21, 2016. A total of 400 shares were purchased at an average price of $84.46. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Signet Jewelers Limited is a retailer of jewelry, watches and associated services in the United States, Canada and the United Kingdom. The Company manages its business through four segments: the Sterling Jewelers division, the UK Jewelry division, the Zale division, which consists of Zale Jewelry and Piercing Pagoda, and the Other segment. The Other segment includes subsidiaries involved in purchasing and conversion of rough diamonds to polished stones and unallocated corporate administrative functions. The Company operates retail jewelry stores in real estate formats, including mall-based, free-standing, strip center and outlet store locations. The Company operated approximately 3,579 stores and kiosks across 4.8 million square feet of retail space.