Omnicom Group (NYSE:OMC) has been under a strong bear grip, hence the stock is down -1.84% 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 0.46% in the past 1 week. The stock has risen by 1.75% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.25% in the past 4 weeks.
The company shares have rallied 14.41% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $85.95 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $82.25 and the 200 Day Moving Average price is recorded at $79.25.
The stock has recorded a 20-day Moving Average of 1.6% and the 50-Day Moving Average is 0.9%.
Omnicom Group (NYSE:OMC): stock turned positive on Friday. Though the stock opened at $82.88, the bulls momentum made the stock top out at $83.26 level for the day. The stock recorded a low of $82.485 and closed the trading day at $83.12, in the green by 0.98%. The total traded volume for the day was 1,308,795. The stock had closed at $82.31 in the previous days trading.
In an insider trading activity, Crawford Bruce, director officer (Chairman) of Omnicom Group Inc., unloaded 22,800 shares at an average price of $84.31 on June 9, 2016. The total amount of the transaction was worth $1,922,268, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Omnicom Group Inc. is a holding company. The Company provides advertising, marketing and corporate communications services. The Companys branded networks and agencies operate in markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management (CRM), public relations and specialty communications. Its services in these disciplines include advertising, brand consultancy, content marketing, corporate social responsibility consulting, crisis communications, data analytics and database management, among others. Its advertising brands include BBDO Worldwide, DDB Worldwide and TBWA Worldwide. The Companys branded agency networks operate in geographic regions, including the Americas, which includes North America and Latin America; EMEA, which includes Europe, the Middle East and Africa, and Asia Pacific, which includes Australia, China, India, Japan, Korea, New Zealand, Singapore and other Asian countries.