Emerson Electric Company (EMR) Shares are Down -1.83%

Emerson Electric Company (EMR) : During the past 4 weeks, traders have been relatively bearish on Emerson Electric Company (EMR), hence the stock is down -5.43% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.8% relative to the S&P 500. The 4-week change in the price of the stock is -5.07% and the stock has fallen -1.83% in the past 1 week.

Emerson Electric Co. is up 5.52% in the last 3-month period. Year-to-Date the stock performance stands at 13.9%. The stock has recorded a 20-day Moving Average of 2.49% and the 50-Day Moving Average is 0.63%.


Emerson Electric Company (NYSE:EMR): The stock opened at $52.28 on Friday but the bulls could not build on the opening and the stock topped out at $53.20 for the day. The stock traded down to $52.07 during the day, due to lack of any buying support eventually closed down at $52.98 with a loss of -3.09% for the day. The stock had closed at $54.67 on the previous day. The total traded volume was 8,071,575 shares.

Also, Equity analysts at the Brokerage firm Credit Suisse downgrades its rating on Emerson Electric Company (NYSE:EMR). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The Analysts at Credit Suisse maintains a current price target of $57 per share. The rating by the firm was issued on August 19, 2016.

Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes. The Industrial Automation segment provides integrated manufacturing solutions to its customers at the source of manufacturing their own products. The Network Power segment designs, manufactures, installs and maintains products providing grid-to-chip electric power conditioning. The Climate Technologies segment provides products and services for the climate control industry. The Companys Commercial & Residential Solutions segment offers a range of tools, storage products and appliance solutions.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.