Timken Company (The) (TKR) : During the past 4 weeks, traders have been relatively bearish on Timken Company (The) (TKR), hence the stock is down -0.04% 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 -1.08% relative to the S&P 500. The 4-week change in the price of the stock is -0.18% and the stock has fallen -0.59% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 5.11%.The 200 Day SMA reached 9.64%. The Timken Company is up 0.81% in the last 3-month period. Year-to-Date the stock performance stands at 21.63%.
Timken Company (The) (NYSE:TKR): After opening at $34.08, the stock dipped to an intraday low of $33.8 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $34.14 and the buying power remained strong till the end. The stock closed at $33.95 for the day, a gain of 0.74% for the day session. The total traded volume was 266,780. The stocks close on the previous trading day was $33.7.
The Timken Company (Timken) engineers, manufactures and markets bearings, transmissions, gearboxes, chain and related products and offers a spectrum of power system rebuild and repair services around the world. The Company operates through two segments: Mobile Industries, which offers bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers and related products and maintenance services, and Process Industries, which provides industrial bearings and assemblies, power transmission components such as gears and gearboxes, couplings, seals, lubricants, chains and related products and services. The Companys industrial brands include Timken, Fafnir, Philadelphia Gear, Drives and Interlube. The Company sells products and services to the following market sectors: industrial equipment, construction, agriculture, rail, aerospace and defense, automotive, heavy truck and energy.