Allegion plc (ALLE) has been under a strong bear grip, hence the stock is down -4.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.18% in the past 1 week. The stock has risen by 0.35% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.81% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.5% and the 50-Day Moving Average is 2.18%.The 200 Day SMA reached 4.69%
Allegion plc (NYSE:ALLE): After opening at $68.44, the stock dipped to an intraday low of $67.965 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.4 and the buying power remained strong till the end. The stock closed at $68.91 for the day, a gain of 0.95% for the day session. The total traded volume was 1,014,660. The stocks close on the previous trading day was $68.91.
Allegion plc (ALLE) : The most positive equity analysts on Allegion plc (ALLE) expects the shares to touch $81, whereas, the least positive believes that the stock will trade at $70 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $78.17 with an expected fluctuation of $4.07 from the mean.
Allegion plc is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its products include door closers and controls, electronic security products, exit devices, time, attendance and workforce productivity systems, door and door frames (steel), electronic and biometric access control systems, locks, locksets and key systems, video analytics systems and other accessories. The Companys products also include an array of sealing systems, such as sound control, fire and smoke protection, threshold applications, lites, door louvers, intumescent products, photo-luminescent and flood barrier for doors.It operates in three geographic segments: Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. The Companys brands include CISA, FALCON, Briton, Schlage, Bricard, LCN, Von Duprin, STEELCRAFT, NORMBAU and INAFER, among others.