Cintas Corporation (CTAS) Shares Slide -0.63%

Cintas Corporation (CTAS) has risen sharply, recording gains of 8.44% in the past 4 weeks. However, the stock has corrected -0.63% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.92% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.54% and the 50-Day Moving Average is 10.46%. Cintas Corporation is up 19.48% in the last 3-month period. Year-to-Date the stock performance stands at 17.81%.


Cintas Corporation (NASDAQ:CTAS): On Fridays trading session , Opening price of the stock was $108.14 with an intraday high of $108.14. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $106.89. However, the stock managed to close at $107.27, a loss of 0.84% for the day. On the previous day, the stock had closed at $108.18. The total traded volume of the day was 908,667 shares.

Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, and first aid, safety and fire protection products and services. The Company has three segments: Rental Uniforms and Ancillary Products, Uniform Direct Sales, and First Aid, Safety and Fire Protection Services. The Companys Rental Uniforms and Ancillary Products segment consists of the rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels and other ancillary items. The Companys Uniform Direct Sales segment consists of the direct sale of uniforms and related items. The Companys First Aid, Safety and Fire Protection Services segment consists of first aid, safety and fire protection products and services.

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