Restoration Hardware Holdings (NYSE:RH) has risen sharply, recording gains of 11.52% in the past 4 weeks. However, the stock has corrected -1.27% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 9.75% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have dropped -70.11% from its 1 Year high price. On Nov 4, 2015, the shares registered one year high at $106.49 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $29.79 and the 200 Day Moving Average price is recorded at $44.65.
The stock has recorded a 20-day Moving Average of 8.53% and the 50-Day Moving Average is 8.75%.
Restoration Hardware Holdings (NYSE:RH): stock turned positive on Friday. Though the stock opened at $29.05, the bulls momentum made the stock top out at $29.87 level for the day. The stock recorded a low of $28.75 and closed the trading day at $29.62, in the green by 2.70%. The total traded volume for the day was 2,355,734. The stock had closed at $28.84 in the previous days trading.
In an insider trading activity, Belling Keith, Director of Restoration Hardware Holdings Inc, executed a transaction worth $101,480 on June 28, 2016. A total of 4,000 shares were purchased at an average price of $25.37. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Restoration Hardware Holdings, Inc. (RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and childrens furnishings. These products are sold through the Companys stores, catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. The Companys retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New York, Pennsylvania, Texas, Tennessee and British Columbia, among others. Its Websites, www.restorationhardware.com and www.rh.com, provide its customers to purchase its merchandise online.