W.W. Grainger (GWW) has risen sharply, recording gains of 0.22% in the past 4 weeks. However, the stock has corrected -5.82% in the past 1 week, providing a good buying opportunity on dips. W.W. Grainger (GWW) : During the past 4 weeks, traders have been relatively bearish on W.W. Grainger (GWW), hence the stock is down -6.12% 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 -6.4% relative to the S&P 500.
W.W. Grainger (NYSE:GWW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $215.00 and $214.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $218.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $217.84, notching a gain of 1.19% for the day. The total traded volume was 898,991 . The stock had closed at $215.27 on the previous day.
The stock has recorded a 20-day Moving Average of 3.02% and the 50-Day Moving Average is 3.2%. W.W. Grainger, Inc. has dropped 4.42% during the last 3-month period . Year-to-Date the stock performance stands at 8.75%.
W.W. Grainger, Inc. is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. It operates in two segments: the United States and Canada. The United States business offers a selection of maintenance, repair and operating supplies and other related products and services. Acklands – Grainger is a distributor of industrial and safety supplies that distributes tools, fasteners, safety supplies, instruments, welding and shop equipment, among others. Other businesses include Zoro, the single channel online business in the United States, and operations in Europe, Asia and Latin America. The Company provides customers with a range of options for finding and purchasing products, utilizing sales representatives, contact centers, direct marketing materials, catalogs and e-commerce.