Ecolab (ECL) Shares are Up 2.25%

Ecolab (ECL) has been under a strong bear grip, hence the stock is down -1.35% 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 2.08% in the past 1 week. The stock has risen by 2.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.88% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.68% and the 50-Day Moving Average is 0.83%.The 200 Day SMA reached 6.76%


Ecolab (NYSE:ECL): After opening at $120.83, the stock dipped to an intraday low of $120.7 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $122.07 and the buying power remained strong till the end. The stock closed at $121.72 for the day, a gain of 0.82% for the day session. The total traded volume was 956,759. The stocks close on the previous trading day was $121.72.

Ecolab (ECL) : The most positive equity analysts on Ecolab (ECL) expects the shares to touch $135, whereas, the least positive believes that the stock will trade at $98 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $124.82 with an expected fluctuation of $10.74 from the mean.

Ecolab Inc. provides water, hygiene and energy technologies and services. The Company operating segments include Global Industrial, Global Institutional, Global Energy and Other. The Companys Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units. The Global Energy segment provides on-site, technology-driven solutions to the global drilling, oil and gas production, refining, and petrochemical industries. Other segment consists of the pest elimination and equipment care operating units. The Companys cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, Government and education, retail, textile care and commercial facilities management sectors in over 170 countries.

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