Tempur Sealy International (NYSE:TPX) has been under a strong bear grip, hence the stock is down -6.21% 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 1.28% in the past 1 week. The stock has risen by 2.58% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.7% in the past 4 weeks.
The company shares have dropped -19.89% from its 1 Year high price. On Nov 6, 2015, the shares registered one year high at $82.61 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $58.28 and the 200 Day Moving Average price is recorded at $59.58.
The stock has recorded a 20-day Moving Average of 1.43% and the 50-Day Moving Average is 3.65%.
Tempur Sealy International (NYSE:TPX): stock turned positive on Friday. Though the stock opened at $55.44, the bulls momentum made the stock top out at $56.95 level for the day. The stock recorded a low of $55.05 and closed the trading day at $56.4, in the green by 2.83%. The total traded volume for the day was 1,467,999. The stock had closed at $54.85 in the previous days trading.
In an insider trading activity, Spenchian Jay G, officer (EVP, Chief Marketing Officer) of Tempur Sealy International, Inc. had purchased 7,000 shares on June 15, 2016 in a transaction. The price per share was $58.37 and the total amount of the disclosed transaction was $408,590.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Tempur Sealy International, Inc. is a bedding provider. The Company develops, manufactures, markets and distributes bedding products, which it sells globally in approximately 100 countries. The Company operates in three segments: Tempur North America, Tempur International and Sealy. The Companys brand portfolio includes TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. The Company sells its products through three distribution channels in each operating business segment: Retail, which consists of furniture and bedding retailers, department stores, specialty retailers and warehouse clubs; Direct, which consists of electronic commerce (e-commerce) platform, Company-owned stores and call center, and Other, which includes third party distributors, hospitality and healthcare customers.