Whirlpool Corporation (WHR) has risen sharply, recording gains of 5.96% in the past 4 weeks. However, the stock has corrected -1.89% 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 4.88% 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 0.64% and the 50-Day Moving Average is 4.35%. Whirlpool Corporation (NYSE:WHR): On Fridays trading session , Opening price of the stock was $186.06 with an intraday high of $187.16. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $185.01. However, the stock managed to close at $185.97, a loss of 0.61% for the day. On the previous day, the stock had closed at $187.12. The total traded volume of the day was 620,028 shares.
The company Insiders own 2.62% of Whirlpool Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -21.65% . Institutional Investors own 93.11% of Whirlpool Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -21.65%. Also, Raymond James upgrades its view on Whirlpool Corporation (NYSE:WHR) according to the research report released by the firm to its investors. The shares have now been rated Strong Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Market Perform. The rating by the firm was issued on July 25, 2016.
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Companys reportable segments consist of North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems.