Mattel (MAT) : Traders are bullish on Mattel (MAT) as it has outperformed the S&P 500 by a wide margin of 2.36% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.96%, 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 1.89% in the last 1 week, and is up 5.8% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.4% and the 50-Day Moving Average is 4.87%. Mattel, Inc. is up 8.7% in the last 3-month period. Year-to-Date the stock performance stands at 25.98%.
Mattel (NASDAQ:MAT): stock turned positive on Friday. Though the stock opened at $32.94, the bulls momentum made the stock top out at $33.439 level for the day. The stock recorded a low of $32.8 and closed the trading day at $33.38, in the green by 1.00%. The total traded volume for the day was 2,494,120. The stock had closed at $33.05 in the previous days trading.
MATTEL, INC. designs, manufactures, and markets a variety of toy products around the world, which are sold to its customers and directly to consumers. The Company operates through three segments: North America, which consists of the United States and Canada, International, and American Girl. The Companys North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories. The Companys International segment products are developed and marketed by the North America segment, although some are developed or adapted for particular international markets. The Companys American Girl segment is a direct marketer, childrens publisher, and retailer for its line of historical dolls, books, and accessories, as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.