Agilent Technologies (A) : Traders are bullish on Agilent Technologies (A) as it has outperformed the S&P 500 by a wide margin of 2.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.31%, 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 1.37% in the last 1 week, and is up 3.15% 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 2.05% and the 50-Day Moving Average is 4.75%. Agilent Technologies (NYSE:A): stock turned positive on Friday. Though the stock opened at $47.97, the bulls momentum made the stock top out at $48.195 level for the day. The stock recorded a low of $47.7 and closed the trading day at $48.14, in the green by 0.02%. The total traded volume for the day was 1,538,976. The stock had closed at $48.13 in the previous days trading.
The company Insiders own 0.32% of Agilent Technologies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -16.68% . Institutional Investors own 86.43% of Agilent Technologies shares. During last six month period, the net percent change held by insiders has seen a change of -24.86%. Also, BTIG Research assumes its rating on Agilent Technologies (NYSE:A). The global brokerage major announces a current price target of $55 per share. Analysts at the BTIG Research have a current rating of Buy on the shares. The rating by the firm was issued on July 22, 2016.
Agilent Technologies Inc. is engaged in the life sciences, diagnostics and applied chemical markets. The Company provides application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. The Company has three business segments: the life sciences and applied markets business, the diagnostics and genomics business, and the Agilent CrossLab business. The Companys life sciences and applied markets business segment brings together the Companys analytical laboratory instrumentation and informatics. The Companys diagnostics and genomics business segment consists of three businesses: the Dako business, the genomics business and the nucleic acid solutions business. The Companys Agilent CrossLab business segment combines its analytical laboratory services and consumables business.