St. Jude Medical (NYSE:STJ) : Traders are bullish on St. Jude Medical (NYSE:STJ) as it has outperformed the S&P 500 by a wide margin of 2.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.69%, 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 2.99% in the last 1 week, and is up 4.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 5.43% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $80.84 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $77.68 and the 200 Day Moving Average price is recorded at $63.62.
The stock has recorded a 20-day Moving Average of 4.27% and the 50-Day Moving Average is 5.36%.
St. Jude Medical (NYSE:STJ): stock turned positive on Friday. Though the stock opened at $80.34, the bulls momentum made the stock top out at $80.82 level for the day. The stock recorded a low of $80.14 and closed the trading day at $80.58, in the green by 0.54%. The total traded volume for the day was 1,186,619. The stock had closed at $80.15 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Fecho Jeff, officer (VP, Global Quality) of St Jude Medical Inc, had unloaded 10,408 shares at an average price of $51.71 in a transaction dated on February 5, 2016. The total value of the transaction was worth $538,198.
St. Jude Medical, Inc. develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiovascular and atrial fibrillation therapy areas, and interventional pain therapy and neurostimulation devices for the management of chronic pain and movement disorders. Its six principal product categories include tachycardia implantable cardioverter defibrillator (ICD) systems, bradycardia pacemaker systems, atrial fibrillation (AF) products (electrophysiology introducers and catheters, advanced cardiac mapping, navigation and recording systems and ablation systems), vascular products (vascular closure products, pressure measurement guidewires, optical coherence tomography (OCT) imaging products, heart failure monitoring device and other vascular accessories), structural heart products and neuromodulation products (spinal cord stimulation and radiofrequency ablation to treat chronic pain and deep brain stimulation to treat movement disorders).