Colgate-Palmolive Company (CL) Shares are Up 0.52%

Colgate-Palmolive Company (CL) has been under a strong bear grip, hence the stock is down -0.69% 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 0.47% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.52% in the last 1 week, and is up 0.33% 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 0.85% and the 50-Day Moving Average is 2.78%. Colgate-Palmolive Company (NYSE:CL): stock turned positive on Friday. Though the stock opened at $75, the bulls momentum made the stock top out at $75.38 level for the day. The stock recorded a low of $74.84 and closed the trading day at $74.97, in the green by 0.11%. The total traded volume for the day was 1,658,325. The stock had closed at $74.89 in the previous days trading.


The company Insiders own 1.05% of Colgate-Palmolive Company shares according to the proxy statements. Institutional Investors own 74.32% of Colgate-Palmolive Company shares. During last six month period, the net percent change held by insiders has seen a change of -2.38%. Also, Exane BNP Paribas downgrades its rating on Colgate-Palmolive Company (NYSE:CL). Analysts at the Exane BNP Paribas have a current rating of Neutral on the shares. The shares were previously rated Outperform. The rating by the firm was issued on July 29, 2016.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *