lululemon athletica (NASDAQ:LULU) : Traders are bullish on lululemon athletica (NASDAQ:LULU) as it has outperformed the S&P 500 by a wide margin of 7.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.42%, 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 3.73% in the last 1 week, and is up 8.76% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 19.67% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $77.02 and the one year low was seen on Nov 17, 2015. The 50-Day Moving Average price is $69.55 and the 200 Day Moving Average price is recorded at $63.14.
The stock has recorded a 20-day Moving Average of 6.9% and the 50-Day Moving Average is 14.01%.
lululemon athletica (NASDAQ:LULU): stock turned positive on Friday. Though the stock opened at $75.5, the bulls momentum made the stock top out at $77.02 level for the day. The stock recorded a low of $75.24 and closed the trading day at $76.72, in the green by 2.02%. The total traded volume for the day was 1,754,245. The stock had closed at $75.2 in the previous days trading.
In an insider trading activity,The director of Lululemon Athletica Inc., Pitcher Rhoda M. sold 5,310 shares at $67.31 on April 1, 2016. The Insider selling transaction had a total value worth of $357,416. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.