On a relative basis, the stock has outperformed the S&P 500 by 0.41% in the past 4 weeks, but has underperformed the S&P 500 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 0.27% in the last 1 week, and is up 2.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 10.06% from its 1 Year high price. On Mar 17, 2016, the shares registered one year high at $54.19 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $50.42 and the 200 Day Moving Average price is recorded at $49.25.
The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 3.51%.
Bemis Company (NYSE:BMS): stock turned positive on Friday. Though the stock opened at $52.06, the bulls momentum made the stock top out at $52.11 level for the day. The stock recorded a low of $51.36 and closed the trading day at $51.84, in the green by 0.64%. The total traded volume for the day was 1,103,916. The stock had closed at $51.51 in the previous days trading.
In an insider trading activity, The director, of Bemis Co Inc, Perry Edward N had unloaded 1,492 shares at $46.35 per share in a transaction on December 3, 2015. The total value of transaction was $69,154. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Bemis Company, Inc. is a manufacturer of packaging products. The Company operates through two business segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for food and personal care product applications, as well as non-food applications. The Global Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for a range of food, medical, pharmaceutical, personal care, electronics and industrial applications. The Company offers its products primarily to the customers in the food industry. Its other customers include companies operating in a range of businesses, including chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, and other consumer goods.