HRG Group (HRG) has been under a strong bear grip, hence the stock is down -2.62% 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 1.19% in the past 1 week. The stock has risen by 1.36% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.15% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1% and the 50-Day Moving Average is 1.53%.The 200 Day SMA reached 14.99%
HRG Group (NYSE:HRG): After opening at $15.72, the stock dipped to an intraday low of $15.67 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.85 and the buying power remained strong till the end. The stock closed at $15.7 for the day, a gain of 0.58% for the day session. The total traded volume was 913,825. The stocks close on the previous trading day was $15.61.
HRG Group, Inc., formerly Harbinger Group Inc., is a holding company. The Companys operations are conducted through Fidelity & Guaranty Life (FGL), that offers life insurance and annuity products; Front Street Re (Delaware) Ltd. (Front Street), which offers reinsurance; Salus Capital Partners, LLC (Salus), Five Island Asset Management, LLC (FIAM), which holds interests in FIAM Capital Management, LLC (Five Island), Energy & Infrastructure Capital (EIC) and CorAmerica Capital, LLC (CorAmerica) offer financing and asset management, Spectrum Brands Holdings, Inc. (Spectrum Brands), which provides consumer products, such as batteries, small appliances, pet supplies, home and garden control products, personal care products and hardware and home improvement products. It also holds oil and natural gas properties through Compass Production GP, LLC and Compass Production Partners, LP. The Company operates through four segments: Consumer Products, Insurance, Energy and Asset Management.