Becton Dickinson and Company (BDX) : Traders are bullish on Becton Dickinson and Company (BDX) as it has outperformed the S&P 500 by a wide margin of 2.2% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.55%, 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 1.05% in the last 1 week, and is up 2.07% 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 1.44% and the 50-Day Moving Average is 2.03%.The 200 Day SMA reached 12.05%. Becton, Dickinson and Company is up 4.72% in the last 3-month period. Year-to-Date the stock performance stands at 16.04%.
Becton Dickinson and Company (NYSE:BDX): After opening at $177.5, the stock dipped to an intraday low of $176.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $177.95 and the buying power remained strong till the end. The stock closed at $177.32 for the day, a gain of 0.17% for the day session. The total traded volume was 476,848. The stocks close on the previous trading day was $177.02.
Becton, Dickinson and Company is a global medical technology company engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products used by healthcare institutions, life science researchers, clinical laboratories, pharmaceutical industry and the general public. The Company operates through two segments: BD Medical and BD Life Sciences. The Companys Life Sciences segment consists of the BD Diagnostics and BD Biosciences segments. The Companys BD Medical segment focuses on providing solutions to reduce the spread of infection, enhance diabetes treatment and advance drug delivery. The Companys BD Diagnostics provides products for the safe collection and transport of diagnostics specimens, as well as instruments and reagent systems. Its BD Biosciences provide diagnostic and research tools to life science researchers, clinical researchers, laboratory professionals and clinicians.