Sensata Technologies Holding N.V. (ST) : Traders are bullish on Sensata Technologies Holding N.V. (ST) as it has outperformed the S&P 500 by a wide margin of 5.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.18%, 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 1.24% in the last 1 week, and is up 6.72% 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 2.07% and the 50-Day Moving Average is 5.05%. Sensata Technologies Holding N.V. (NYSE:ST): stock turned positive on Friday. Though the stock opened at $38.28, the bulls momentum made the stock top out at $38.41 level for the day. The stock recorded a low of $38.2 and closed the trading day at $38.41, in the green by 0.26%. The total traded volume for the day was 738,453. The stock had closed at $38.31 in the previous days trading.
The company Insiders own 1% of Sensata Technologies Holding N.V. shares according to the proxy statements. Institutional Investors own 96.12% of Sensata Technologies Holding N.V. shares. Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Sensata Technologies Holding N.V. (NYSE:ST). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $38 per share to $45 per share. The rating by the firm was issued on July 27, 2016.
Sensata Technologies Holding N.V. is a global industrial technology company. The Company is engaged in the development, manufacture and sale of sensors and controls. The Companys operating segments include Sensors segment and Controls segment. The Company produce sensors and controls for applications such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. The Companys sensors are customized devices that translate a physical phenomenon, such as force or position, into electronic signals that microprocessors or computer-based control systems can act upon. Its controls are customized devices embedded within systems to protect them from heat or current. The Companys products include low-, medium- and high-pressure sensors, temperature sensors, speed sensors, position sensors, force sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches.