Vector Group Ltd. (VGR) : Traders are bullish on Vector Group Ltd. (VGR) as it has outperformed the S&P 500 by a wide margin of 7.54% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.39%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.92% in the last 1 week, and is up 5.36% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.05% and the 50-Day Moving Average is 3.23%.The 200 Day SMA reached 4.63% Vector Group Ltd. is up 7.18% in the last 3-month period. Year-to-Date the stock performance stands at 0.97%.
For this week, the average consensus of the company shares are rated as a Strong Buy. Vector Group Ltd. (NYSE:VGR): The stock opened at $23 and touched an intraday high of $23.06 on Friday. During the day, the stock corrected to an intraday low of $22.75, however, the bulls stepped in and pushed the price higher to close in the green at $22.98 with a gain of 0.09% for the day. The total traded volume for the day was 1,273,243. The stock had closed at $22.98 in the previous trading session.
Vector Group Ltd. is a holding company engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc. (Vector Tobacco) subsidiaries; the sale of electronic cigarettes (e-cigarettes) in the United States, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire additional operating companies and real estate properties. The Companys business segments include Tobacco, E-Cigarettes and Real Estate. The Tobacco segment consists of the manufacture and sale of cigarettes. The E-Cigarettes segment includes the operations of the Companys e-cigarette business. The Real Estate segment includes the Companys investments in consolidated and non-consolidated real estate businesses.