Fortune Brands Home & Security (NYSE:FBHS) : Traders are bullish on Fortune Brands Home & Security (NYSE:FBHS) as it has outperformed the S&P 500 by a wide margin of 3.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.32%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.63% in the last 1 week, and is up 5.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 31.23% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $60.32 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $57.65 and the 200 Day Moving Average price is recorded at $54.07.
The stock has recorded a 20-day Moving Average of 5.55% and the 50-Day Moving Average is 5.6%.
Fortune Brands Home & Security (NYSE:FBHS): stock turned positive on Friday. Though the stock opened at $59, the bulls momentum made the stock top out at $60.32 level for the day. The stock recorded a low of $59 and closed the trading day at $60.21, in the green by 2.43%. The total traded volume for the day was 1,544,190. The stock had closed at $58.78 in the previous days trading.
In an insider trading activity,The officer (SVP and CFO) of Fortune Brands Home & Security, Inc., Wyatt E Lee sold 24,303 shares at $58.38 on May 24, 2016. The Insider selling transaction had a total value worth of $1,418,809. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Fortune Brands Home & Security, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacture and sale of home and security products. The Company operates through four business segments: Cabinets, Plumbing, Doors and Security. The Cabinets segment provides cabinetry, as well as vanities, for the kitchen, bath and other parts of the home through a regional supply chain footprint in North America. The Plumbing segment manufactures or assembles and sells faucets, accessories and kitchen sinks in North America and China, predominantly under the Moen brand. The Doors segment offers fiberglass and steel entry door systems under the Therma-Tru brand and urethane millwork product lines under the Fypon brand. The Security segments products consist of locks, safety and security devices manufactured, sourced and distributed under the Master Lock brand, and fire resistant safes and commercial cabinets manufactured, sourced and distributed under the SentrySafe brand.