ARRIS Group (ARRS) has risen sharply, recording gains of 15.94% in the past 4 weeks. However, the stock has corrected -0.12% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
ARRIS Group (NASDAQ:ARRS): The stock opened at $24.98 on Friday but the bulls could not build on the opening and the stock topped out at $25.14 for the day. The stock traded down to $24.73 during the day, due to lack of any buying support eventually closed down at $24.88 with a loss of -0.24% for the day. The stock had closed at $24.94 on the previous day. The total traded volume was 1,603,010 shares.
The stock has recorded a 20-day Moving Average of 7.33% and the 50-Day Moving Average is 7.3%. ARRIS International plc is up 11.42% in the last 3-month period. Year-to-Date the stock performance stands at -18.61%.