ClubCorp Holdings (MYCC) Shares are Up 1.51%

ClubCorp Holdings (MYCC) has been under a strong bear grip, hence the stock is down -2.17% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.55% in the past 1 week. The stock has risen by 1.51% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.8% in the past 4 weeks.

ClubCorp Holdings, Inc. is up 31.53% in the last 3-month period. Year-to-Date the stock performance stands at -17.6%. The stock has recorded a 20-day Moving Average of 1.35% and the 50-Day Moving Average is 7.34%.


ClubCorp Holdings (NYSE:MYCC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.55 and $14.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.75, notching a gain of 1.37% for the day. The total traded volume was 357,577 . The stock had closed at $14.55 on the previous day.

Also, Equity Analysts at the Brokerage Firm, Macquarie, upgrades their rating on the shares of ClubCorp Holdings (NYSE:MYCC). Macquarie has a Outperform rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on July 12, 2016.

ClubCorp Holdings, Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business, sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs, and business, sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities. The Companys business, sports and alumni club segment is designed to provide its members with private locations where they can work, network and socialize. As of December 30, 2014, the Companys portfolio of 207 owned or operated clubs, with over 180,000 memberships, serving over 400,000 individual members.

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