HD Supply Holdings (NASDAQ:HDS) : Traders are bullish on HD Supply Holdings (NASDAQ:HDS) as it has outperformed the S&P 500 by a wide margin of 0.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.05% in the last 1 week, and is up 2.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -0.03% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $36.81 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $34.58 and the 200 Day Moving Average price is recorded at $30.96.
The stock has recorded a 20-day Moving Average of 2.82% and the 50-Day Moving Average is 3.34%.
HD Supply Holdings (NASDAQ:HDS): stock turned positive on Friday. Though the stock opened at $34.67, the bulls momentum made the stock top out at $35.73 level for the day. The stock recorded a low of $34.44 and closed the trading day at $35.41, in the green by 3.24%. The total traded volume for the day was 1,728,998. The stock had closed at $34.3 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (SVP, Chief HR Officer) of Hd Supply Holdings, Inc., Newman Margaret had sold 18,000 shares worth of $648,000 in a transaction dated June 8, 2016. In this transaction, 18,000 shares were sold at $36 per share.
HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.