TASER International (TASR) has risen sharply, recording gains of 7.06% in the past 4 weeks. However, the stock has corrected -0.48% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 5.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.85% and the 50-Day Moving Average is 12.29%. TASER International (NASDAQ:TASR): The stock was completely flat for the day, closing at $29.12 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $29.00, the stock touched an intraday high of $29.35 and a low of $28.85. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $29.12. The total trading volume on Friday was 508,193.
The company Insiders own 3.7% of TASER International shares according to the proxy statements. Institutional Investors own 71.76% of TASER International shares. During last six month period, the net percent change held by insiders has seen a change of 37.58%. Also, Equity analysts at the Brokerage firm CL King upgrades its rating on TASER International (NASDAQ:TASR). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on July 6, 2016.
TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement, military, corrections, private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs, accessories and other products and services, and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement, military, corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam, AXON Video products and EVIDENCE.com.