TASER International (TASR) : Traders are bullish on TASER International (TASR) as it has outperformed the S&P 500 by a wide margin of 12.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.75%, 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 1.69% in the last 1 week, and is up 16.35% 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 6.28% and the 50-Day Moving Average is 18.2%. TASER International Inc. is up 58.6% in the last 3-month period. Year-to-Date the stock performance stands at 67.5%.
TASER International (NASDAQ:TASR): stock turned positive on Friday. Though the stock opened at $28.6, the bulls momentum made the stock top out at $29.0799 level for the day. The stock recorded a low of $28.0531 and closed the trading day at $28.96, in the green by 1.65%. The total traded volume for the day was 1,149,059. The stock had closed at $28.49 in the previous days trading.
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.