HD Supply Holdings (HDS) has been under a strong bear grip, hence the stock is down -3.14% 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 1.12% in the past 1 week. The stock has risen by 1.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.14% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 2.17%. HD Supply Holdings (NASDAQ:HDS): On Fridays trading session , Opening price of the stock was $35.89 with an intraday high of $36.16. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $35.57. However, the stock managed to close at $36.05, a loss of 0.22% for the day. On the previous day, the stock had closed at $36.13. The total traded volume of the day was 888,400 shares.
The company Insiders own 0.98% of HD Supply Holdings shares according to the proxy statements. Institutional Investors own 99.98% of HD Supply Holdings shares. Also, Longbow Research initiates coverage on HD Supply Holdings (NASDAQ:HDS). The shares have now been rated Buy by the stock experts at the ratings house. Longbow Research announces the current price target of $43 per share on HD Supply Holdings . The rating by the firm was issued on June 2, 2016.
HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.