FLIR Systems (FLIR) : During the past 4 weeks, traders have been relatively bearish on FLIR Systems (FLIR), hence the stock is down -4.45% 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 -2.82% relative to the S&P 500. The 4-week change in the price of the stock is -3.47% and the stock has fallen -2.77% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4% and the 50-Day Moving Average is 2.04%. FLIR Systems (NASDAQ:FLIR): On Fridays trading session , Opening price of the stock was $31.24 with an intraday high of $31.34. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $30.77. However, the stock managed to close at $30.92, a loss of 1.40% for the day. On the previous day, the stock had closed at $31.36. The total traded volume of the day was 1,469,948 shares.
The company Insiders own 3% of FLIR Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.93% . Institutional Investors own 94.61% of FLIR Systems shares. During last six month period, the net percent change held by insiders has seen a change of -12.24%. Also, Equity Analysts at the Brokerage Firm, Raymond James, downgrades their rating on the shares of FLIR Systems (NASDAQ:FLIR). Raymond James has a Outperform rating on the shares. Previously, the analysts had a Strong Buy rating on the shares. The rating by the firm was issued on July 25, 2016.
FLIR Systems, Inc. (FLIR) designs, develops, markets and distributes thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems and advanced threat-detection solutions. The Companys operating segments include: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security and Detection. The Surveillance segment provides enhanced imaging and recognition solutions. The Instruments segments provide devices that image, measure and assess thermal energy, gases and related elements. The OEM and Emerging Markets segment provides thermal imaging camera cores and components. The Maritime segment develops and manufactures electronics and imaging instruments. The Security segment develops and manufactures cameras and video recording systems. The Detection segment offers sensors, instruments and integrated platform solutions for the detection, identification and suppression of chemical and other related threats.