RPM International (RPM) : Traders are bullish on RPM International (RPM) as it has outperformed the S&P 500 by a wide margin of 4.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.51%, 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 5.44% in the last 1 week, and is up 7.85% 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 6.01% and the 50-Day Moving Average is 7.65%. RPM International Inc. is up 7.96% in the last 3-month period. Year-to-Date the stock performance stands at 25.32%.
RPM International (NYSE:RPM): stock turned positive on Friday. Though the stock opened at $54.07, the bulls momentum made the stock top out at $54.52 level for the day. The stock recorded a low of $53.565 and closed the trading day at $54.26, in the green by 0.28%. The total traded volume for the day was 1,005,815. The stock had closed at $54.11 in the previous days trading.
RPM International Inc., through its subsidiaries, manufactures, markets and sells various specialty chemical product lines, including specialty paints, protective coatings, roofing systems, sealants and adhesives. The Company operates through two segments, which include industrial segment and consumer segment. Its industrial segment products are sold throughout North America. Its industrial product lines are sold directly to contractors, distributors and end users. The Companys consumer segment manufactures and markets professional use and do-it-yourself (DIY) products for a range of consumer applications, including home improvement and personal leisure activities. Its family of products includes those marketed under brand names, such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Euclid, EUCO, Fibergrate, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Mohawk, Rust-Oleum, Stonhard, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser.