MDC Partners (MDCA) : During the past 4 weeks, traders have been relatively bearish on MDC Partners (MDCA), hence the stock is down -25.24% 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 -1.91% relative to the S&P 500. The 4-week change in the price of the stock is -24.46% and the stock has fallen -1.86% in the past 1 week.
The stock has recorded a 20-day Moving Average of 11.86% and the 50-Day Moving Average is 18.53%. MDC Partners (NASDAQ:MDCA): stock turned positive on Friday. Though the stock opened at $13.21, the bulls momentum made the stock top out at $13.97 level for the day. The stock recorded a low of $13.13 and closed the trading day at $13.74, in the green by 3.93%. The total traded volume for the day was 551,177. The stock had closed at $13.22 in the previous days trading.
The company Insiders own 2% of MDC Partners shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.22% . During last six month period, the net percent change held by insiders has seen a change of 2.22%. Also, In the latest statement by the brokerage house, Jefferies downgrades its outlook on MDC Partners (NASDAQ:MDCA). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on July 29, 2016.
MDC Partners Inc. is a provider of marketing communications services. The Company, through its subsidiaries, provides customized marketing, activation, communications and consulting services, including advertising and consumer communication services, media management and effectiveness across all channels, interactive and mobile marketing, direct marketing, database and customer relationship management, sales promotion, corporate communications, market research, data, analytics and insights, corporate identity, design and branding, social media, marketing, product and service innovation, ecommerce and other related services. The Company conducts its businesses through the Marketing Communications Group, which operates primarily in the United States, Canada, Europe, Asia and Latin America. The Marketing Communications Group consists of two segments: Strategic Marketing Services and Performance Marketing Services.