Allegion plc (ALLE) : Traders are bullish on Allegion plc (ALLE) as it has outperformed the S&P 500 by a wide margin of 1.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.14%, 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 0.07% in the last 1 week, and is up 5.22% 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 2.41% and the 50-Day Moving Average is 5.06%. Allegion Plc is up 10.8% in the last 3-month period. Year-to-Date the stock performance stands at 10.22%.
Allegion plc (NYSE:ALLE): On Fridays trading session , Opening price of the stock was $72.82 with an intraday high of $73.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $72.19. However, the stock managed to close at $72.39, a loss of 0.54% for the day. On the previous day, the stock had closed at $72.78. The total traded volume of the day was 963,955 shares.
Allegion plc is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its products include door closers and controls, electronic security products, exit devices, time, attendance and workforce productivity systems, door and door frames (steel), electronic and biometric access control systems, locks, locksets and key systems, video analytics systems and other accessories. The Companys products also include an array of sealing systems, such as sound control, fire and smoke protection, threshold applications, lites, door louvers, intumescent products, photo-luminescent and flood barrier for doors.It operates in three geographic segments: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. The Companys brands include CISA, FALCON, Briton, Schlage, Bricard, LCN, Von Duprin, STEELCRAFT, NORMBAU and INAFER, among others.