E.I. du Pont de Nemours and Company (DD) Shares are Up 3.13%

E.I. du Pont de Nemours and Company (DD) : Traders are bullish on E.I. du Pont de Nemours and Company (DD) as it has outperformed the S&P 500 by a wide margin of 1.58% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.17%, 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 3.13% in the last 1 week, and is up 1.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

E. I. du Pont de Nemours and Company is up 6.72% in the last 3-month period. Year-to-Date the stock performance stands at 6.66%. The stock has recorded a 20-day Moving Average of 1.7% and the 50-Day Moving Average is 4.47%.


E.I. du Pont de Nemours and Company (NYSE:DD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.00 and $68.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.78, notching a gain of 0.48% for the day. The total traded volume was 2,524,020 . The stock had closed at $69.45 on the previous day.

Also, In the latest statement by the brokerage house, Deutsche Bank maintains its outlook on E.I. du Pont de Nemours and Company (NYSE:DD). The current rating of the shares is Sell, according to the research report released by the firm. The brokerage firm raises the price target from $55 per share to $56 per share. The rating by the firm was issued on August 12, 2016.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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