Genuine Parts Company (GPC) has been under a strong bear grip, hence the stock is down -2.34% 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 1.69% in the past 1 week. The stock has risen by 1.86% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.86% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 0.16%.The 200 Day SMA reached 6.74%
Genuine Parts Company (NYSE:GPC): After opening at $100.01, the stock dipped to an intraday low of $99.995 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $100.84 and the buying power remained strong till the end. The stock closed at $100.45 for the day, a gain of 0.87% for the day session. The total traded volume was 655,921. The stocks close on the previous trading day was $100.45.
Genuine Parts Company (GPC) : Average target price received by Genuine Parts Company (GPC) is $99.5 with an expected standard deviation of $6.09. The most aggressive target on the stock is $106, whereas the most downbeat target is $92. 6 financial analysts are currently covering the stock.
Genuine Parts Company is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. The Company operates through four segments: Automotive Parts Group, which distributes automotive parts and accessory items; Industrial Parts Group, which distributes industrial replacement parts and related supplies; Office Products Group, which is engaged in the wholesale distribution of a line of office and other business related products, and Electrical/Electronic Materials Group, which distributes materials to more than 20,000 electrical and electronic manufacturers, as well as industrial assembly and specialty wire and cable markets in North America. In 2014, the Companys business was conducted from approximately 2,600 locations throughout the United States, Canada, Mexico, Australia and New Zealand.