Republic Services (RSG) : Traders are bullish on Republic Services (RSG) as it has outperformed the S&P 500 by a wide margin of 0.07% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.52%, relative to the S&P 500. The stock has risen by 1.03% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.06% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.05% and the 50-Day Moving Average is 0.51%.The 200 Day SMA reached 8.71%. Republic Services, Inc. is up 4.81% in the last 3-month period. Year-to-Date the stock performance stands at 17.55%.
Republic Services (NYSE:RSG): After opening at $50.92, the stock dipped to an intraday low of $50.905 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.28 and the buying power remained strong till the end. The stock closed at $51.08 for the day, a gain of 0.71% for the day session. The total traded volume was 836,525. The stocks close on the previous trading day was $50.72.
Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East, Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations, owned or operated 198 transfer stations, 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection, transfer, recycling and landfill services in all its regions.