Briggs & Stratton Corporation (BGG) has been under a strong bear grip, hence the stock is down -4.14% 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 0.64% in the past 1 week. The stock has risen by 0.81% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.65% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 7.71%.The 200 Day SMA reached 8.86%
Briggs & Stratton Corporation (NYSE:BGG): After opening at $18.58, the stock dipped to an intraday low of $18.525 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.87 and the buying power remained strong till the end. The stock closed at $18.65 for the day, a gain of 1.08% for the day session. The total traded volume was 701,303. The stocks close on the previous trading day was $18.65.
Briggs & Stratton Corporation is a producer of air cooled gasoline engines for outdoor power equipment. The Company designs, manufactures, markets and services these products for original equipment manufacturers (OEMs) worldwide. In addition, the Company markets and sells related service parts and accessories for its engines. The Company manufactures, markets generators, pressure washers, snow throwers, lawn and garden powered equipment (primarily riding and walk behind mowers) and related service parts and accessories. The Company operates in two segments: Engines and Power Products. Briggs & Stratton manufactures four-cycle aluminum alloy gasoline engines with displacements ranging from 125 to 993 cubic centimeters through its Engines segment. Power Products principal product lines include portable and standby generators, pressure washers, snow throwers and lawn and garden powered equipment.