Dover Corporation (DOV) has been under a strong bear grip, hence the stock is down -0.07% 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 0.29% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.22% in the last 1 week, and is up 3.28% 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 0.45% and the 50-Day Moving Average is 3.02%. Dover Corporation is up 9.41% in the last 3-month period. Year-to-Date the stock performance stands at 18.07%.
Dover Corporation (NYSE:DOV): On Fridays trading session , Opening price of the stock was $71.41 with an intraday high of $71.78. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $70.59. However, the stock managed to close at $71.43, a loss of 0.39% for the day. On the previous day, the stock had closed at $71.71. The total traded volume of the day was 1,347,827 shares.
Dover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four business segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment serves the Drilling & Production, Bearings & Compression and Automation end markets, and provides solutions and services for production and processing of oil, natural gas liquids and gas around the world. The Engineered Systems segment manages its products and services through two business platforms, Printing & Identification and Industrials. The Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic and industrial markets. The Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service industries.