DENTSPLY International (NASDAQ:XRAY) has been under a strong bear grip, hence the stock is down -1.93% 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 0.41% in the past 1 week. The stock has risen by 1.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.35% in the past 4 weeks.
The company shares have rallied 21.41% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $65.83 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $62.60 and the 200 Day Moving Average price is recorded at $60.41.
The stock has recorded a 20-day Moving Average of 1% and the 50-Day Moving Average is 2.36%.
DENTSPLY International (NASDAQ:XRAY): stock turned positive on Friday. Though the stock opened at $63.16, the bulls momentum made the stock top out at $63.44 level for the day. The stock recorded a low of $62.56 and closed the trading day at $63.39, in the green by 1.42%. The total traded volume for the day was 1,428,193. The stock had closed at $62.5 in the previous days trading.
In an insider trading activity,The (Exec VP, Mfg & Supply Chain) of Dentsply Sirona Inc., Berthan Rainer sold 6,464 shares at $62.56 on June 2, 2016. The Insider selling transaction had a total value worth of $404,388. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
DENTSPLY International Inc. is a designer, developer, manufacturer and marketer of a range of consumable dental products for the professional dental market. It operates through three segments: Dental Consumable and Certain International Businesses; Dental Specialty and Laboratory and Certain Global Distribution Businesses, and Healthcare and Emerging Markets Businesses. All the segments are primarily engaged in the design, manufacture and distribution of dental and medical products in four product categories. Its Dental Consumable Products consist of dental supplies and devices and small equipment used in dental offices. Its Dental Laboratory Products are used in the preparation of dental appliances by dental laboratories. Its Dental Specialty Products are specialized treatment products used within the dental office and laboratory settings. Its Consumable Medical Device Products consist mainly of urology catheters, certain surgical products, medical drills and other products.