Bruker Corporation (BRKR) has risen sharply, recording gains of 5.11% in the past 4 weeks. However, the stock has corrected -2.55% in the past 1 week, providing a good buying opportunity on dips. Bruker Corporation (BRKR) : During the past 4 weeks, traders have been relatively bearish on Bruker Corporation (BRKR), hence the stock is down -1.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.15% relative to the S&P 500.
Bruker Corporation (NASDAQ:BRKR): The stock opened at $24.28 on Friday but the bulls could not build on the opening and the stock topped out at $24.52 for the day. The stock traded down to $23.53 during the day, due to lack of any buying support eventually closed down at $24.07 with a loss of -1.55% for the day. The stock had closed at $24.45 on the previous day. The total traded volume was 868,194 shares.
The stock has recorded a 20-day Moving Average of 1.67% and the 50-Day Moving Average is 3.39%. Bruker Corporation has dropped 15.83% during the last 3-month period . Year-to-Date the stock performance stands at -0.53%.
Bruker Corporation is a designer and manufacturer of life science and materials research systems and associated products that address the needs of a range of customers in life science research, pharmaceuticals, applied markets, nanotechnology, cell biology, clinical research, microbiology and in-vitro diagnostics. The Company operates through two segments: Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). BSI is organized into three operating segments: the Bruker BioSpin Group, the Bruker CALID Group and the Bruker Nano Group. BEST designs, manufactures and distributes superconducting materials. The company maintains technical and manufacturing centers in Europe and North America, and it has sales offices located throughout the world.