Dover Corporation (DOV) : During the past 4 weeks, traders have been relatively bearish on Dover Corporation (DOV), hence the stock is down -6.77% 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 -2.13% relative to the S&P 500. The 4-week change in the price of the stock is -8.66% and the stock has fallen -1.61% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.62% and the 50-Day Moving Average is 5.45%.The 200 Day SMA reached 4.74% Dover Corporation has dropped 2.73% during the last 3-month period . Year-to-Date the stock performance stands at 12.98%.
Dover Corporation (DOV) stock is expected to deviate a maximum of $9.33 from the average target price of $75 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $87 and the most muted being $59.
Company shares have received an average consensus rating of Hold for the current week Dover Corporation (NYSE:DOV): stock was range-bound between the intraday low of $67.61 and the intraday high of $68.36 after having opened at $68.27 on Fridays session. The stock finally closed in the red at $68.27, a loss of -0.96%. The stock remained in the red for the whole trading day. The total traded volume was 1,478,914 shares. The stock failed to cross $68.36 in Fridays trading. The stocks closing price on Thursday was $68.6.
Dover Corporation (Dover) is engaged in the manufacturing of equipment, components and specialty systems. The Company also provides supporting engineering, testing and other services. The Company operates through four business segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment serves the Drilling & Production, Bearings & Compression and Automation end markets, and provides solutions and services for production and processing of oil, natural gas liquids and gas around the world. The Engineered Systems segment manages its products and services through two business platforms, Printing & Identification and Industrials. The Fluids segment is focused on the handling of critical fluids across the retail fueling, chemical, hygienic and industrial markets. The Refrigeration & Food Equipment segment provides equipment and systems serving the commercial refrigeration and food service industries.