Bruker Corporation (BRKR) has risen sharply, recording gains of 0.95% in the past 4 weeks. However, the stock has corrected -0.22% 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 1.08% 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 1.01% and the 50-Day Moving Average is 3.08%.The 200 Day SMA reached 9.5%. Bruker Corporation has dropped 15.14% during the last 3-month period . Year-to-Date the stock performance stands at -7.35%.
Bruker Corporation (NASDAQ:BRKR): The stock opened in the green at $22.52 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $22.83 and a low of $22.26 for the day. The stock did not find buyers even at the lows and closed at $22.38 recording a loss of -0.27%. 558,069 shares exchanged hands during the trading day. The stock had closed at $22.44 in the previous days trading.
Bruker Corporation is a designer and manufacturer of life science and materials research systems and associated products that address the needs of a range of customers in life science research, pharmaceuticals, applied markets, nanotechnology, cell biology, clinical research, microbiology and in-vitro diagnostics. The Company operates through two segments: Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). BSI is organized into three operating segments: the Bruker BioSpin Group, the Bruker CALID Group and the Bruker Nano Group. BEST designs, manufactures and distributes superconducting materials. The company maintains technical and manufacturing centers in Europe and North America, and it has sales offices located throughout the world.