Air Products and Chemicals (NYSE:APD) has been under a strong bear grip, hence the stock is down -2.96% 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 1.12% in the past 1 week. The stock has risen by 2.42% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.39% in the past 4 weeks.
The company shares have rallied 5.76% from its 1 Year high price. On Apr 28, 2016, the shares registered one year high at $152.16 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $142.71 and the 200 Day Moving Average price is recorded at $137.35.
The stock has recorded a 20-day Moving Average of 2.09% and the 50-Day Moving Average is 1.44%.
Air Products and Chemicals (NYSE:APD): stock turned positive on Friday. Though the stock opened at $140.97, the bulls momentum made the stock top out at $144.72 level for the day. The stock recorded a low of $140.4 and closed the trading day at $144.35, in the green by 3.35%. The total traded volume for the day was 1,462,063. The stock had closed at $139.67 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SR VP and General Counsel) of Air Products & Chemicals Inc /De/, Stanley John D. had sold 2,478 shares worth of $355,345 in a transaction dated May 24, 2016. In this transaction, 2,478 shares were sold at $143.4 per share.
Air Products and Chemicals, Inc. (Air Products) serves energy, electronics, chemicals, steel, and manufacturing customers with a portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company operates in four business segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Merchant Gases sells atmospheric gases, such as oxygen, nitrogen, and argon, process gases, medical and specialty gases, and certain services and equipment. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and synthesis gas. Electronics and Performance Materials provide the electronics industry with specialty gases. Equipment and Energy designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction (LNG), and helium distribution.