Timken Company (The) (NYSE:TKR) : During the past 4 weeks, traders have been relatively bearish on Timken Company (The) (NYSE:TKR), hence the stock is down -9.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.9% relative to the S&P 500. The 4-week change in the price of the stock is -8.19% and the stock has fallen -0.65% in the past 1 week.
The company shares have dropped -13.13% from its 1 Year high price. On Apr 28, 2016, the shares registered one year high at $37.07 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $32.36 and the 200 Day Moving Average price is recorded at $31.15.
The stock has recorded a 20-day Moving Average of 3.05% and the 50-Day Moving Average is 6.53%.
Timken Company (The) (NYSE:TKR): stock turned positive on Friday. Though the stock opened at $30.5, the bulls momentum made the stock top out at $30.99 level for the day. The stock recorded a low of $30.44 and closed the trading day at $30.7, in the green by 2.33%. The total traded volume for the day was 1,109,030. The stock had closed at $30 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Woods Jacqueline F, director of Timken Co, had unloaded 2,500 shares at an average price of $33.74 in a transaction dated on May 31, 2016. The total value of the transaction was worth $84,350.
The Timken Company (Timken) engineers, manufactures and markets bearings, transmissions, gearboxes, chain and related products and offers a spectrum of power system rebuild and repair services around the world. The Company operates through two segments: Mobile Industries, which offers bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers and related products and maintenance services, and Process Industries, which provides industrial bearings and assemblies, power transmission components such as gears and gearboxes, couplings, seals, lubricants, chains and related products and services. The Companys industrial brands include Timken, Fafnir, Philadelphia Gear, Drives and Interlube. The Company sells products and services to the following market sectors: industrial equipment, construction, agriculture, rail, aerospace and defense, automotive, heavy truck and energy.