Company Shares of Republic Services (NYSE:RSG) Rally 1.94%

Republic Services (NYSE:RSG) : Traders are bullish on Republic Services (NYSE:RSG) as it has outperformed the S&P 500 by a wide margin of 4.35% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.65%, 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 1.94% in the last 1 week, and is up 6.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 31.47% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $52.66 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $49.59 and the 200 Day Moving Average price is recorded at $46.80.

The stock has recorded a 20-day Moving Average of 5.17% and the 50-Day Moving Average is 7.98%.


Republic Services (NYSE:RSG): stock turned positive on Friday. Though the stock opened at $52.02, the bulls momentum made the stock top out at $52.66 level for the day. The stock recorded a low of $51.95 and closed the trading day at $52.56, in the green by 0.90%. The total traded volume for the day was 1,114,331. The stock had closed at $52.09 in the previous days trading.

In an insider trading activity,The officer (CAO) of Republic Services, Inc., Goebel Brian A sold 1,695 shares at $52.1 on July 5, 2016. The Insider selling transaction had a total value worth of $88,310. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East, Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations, owned or operated 198 transfer stations, 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection, transfer, recycling and landfill services in all its regions.

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