Estee Lauder Companies (The) (NYSE:EL) has been under a strong bear grip, hence the stock is down -0.02% 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 0.01% 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 1.3% in the last 1 week, and is up 1.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 4.29% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $97.48 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $91.75 and the 200 Day Moving Average price is recorded at $91.17.
The stock has recorded a 20-day Moving Average of 1.79% and the 50-Day Moving Average is 0.71%.
Estee Lauder Companies (The) (NYSE:EL): stock turned positive on Friday. Though the stock opened at $92, the bulls momentum made the stock top out at $93.17 level for the day. The stock recorded a low of $91.83 and closed the trading day at $93.01, in the green by 1.59%. The total traded volume for the day was 1,283,007. The stock had closed at $91.55 in the previous days trading.
In an insider trading activity,The director officer (President and CEO) of Estee Lauder Companies Inc, Freda Fabrizio sold 15,975 shares at $90.84 on July 6, 2016. The Insider selling transaction had a total value worth of $1,451,169. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops.