H&E Equipment Services (HEES) : During the past 4 weeks, traders have been relatively bearish on H&E Equipment Services (HEES), hence the stock is down -10.99% 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 -2.04% relative to the S&P 500. The 4-week change in the price of the stock is -11.11% and the stock has fallen -1.55% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.2% and the 50-Day Moving Average is 9.61%.The 200 Day SMA reached 3.87%. H&E Equipment Services Inc. has dropped 19.98% during the last 3-month period . Year-to-Date the stock performance stands at -3.86%.
H&E Equipment Services (NASDAQ:HEES): After opening at $15.97, the stock dipped to an intraday low of $15.755 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16 and the buying power remained strong till the end. The stock closed at $15.93 for the day, a gain of 0.89% for the day session. The total traded volume was 135,696. The stocks close on the previous trading day was $15.79.
H&E Equipment Services Inc. (H&E) is focused on heavy construction and industrial equipment. The Company rents, sells and provides parts and services support for four categories of equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment; and industrial lift trucks. H&E is engaged in five business activities under equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. It rents heavy construction and industrial equipment to customers on a daily, weekly and monthly basis. H&E sells used equipment primarily from its rental fleet, as well as inventoried equipment. It sells new and used parts to customers and also provides parts to its own rental fleet. It maintains an in-house parts inventory in order to provide timely parts and service support to its customers , as well as to its own rental fleet. H&E provides maintenance and repair services for its customers owned equipment and to its own rental fleet.