Thomson Reuters Corp (TRI) has risen sharply, recording gains of 3.24% in the past 4 weeks. However, the stock has corrected -2.99% in the past 1 week, providing a good buying opportunity on dips. Thomson Reuters Corp (TRI) : During the past 4 weeks, traders have been relatively bearish on Thomson Reuters Corp (TRI), hence the stock is down -0.12% 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 -2.93% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 0.32% and the 50-Day Moving Average is 0.94%. Thomson Reuters Corporation is up 3.23% in the last 3-month period. Year-to-Date the stock performance stands at 13.23%.
Thomson Reuters Corp (NYSE:TRI): On Fridays trading session , Opening price of the stock was $42.22 with an intraday high of $42.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42. However, the stock managed to close at $42.11, a loss of 0.45% for the day. On the previous day, the stock had closed at $42.3. The total traded volume of the day was 978,344 shares.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. The Company is organized into four business units: Financial & Risk, Legal, Tax & Accounting and Intellectual Property & Science. Financial & Risk business unit provides news, information and analytics, enabling transactions and bringing together financial communities. It also provides regulatory and operational risk management solutions. Legal business unit provides online and print information, decision tools, software and services that support legal, investigation, business and government professionals. Tax & Accounting business unit provides integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. Intellectual Property & Science business unit provides intellectual property and scientific information, decision support tools and services.