United Rentals (NYSE:URI) has been under a strong bear grip, hence the stock is down -7.19% 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 0.01% in the past 1 week. The stock has risen by 1.29% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.69% in the past 4 weeks.
The company shares have dropped -17.77% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $82.63 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $68.37 and the 200 Day Moving Average price is recorded at $61.38.
The stock has recorded a 20-day Moving Average of 0.23% and the 50-Day Moving Average is 1.16%.
United Rentals (NYSE:URI): stock turned positive on Friday. Though the stock opened at $65.59, the bulls momentum made the stock top out at $67.6 level for the day. The stock recorded a low of $65.59 and closed the trading day at $67.44, in the green by 4.35%. The total traded volume for the day was 1,274,635. The stock had closed at $64.63 in the previous days trading.
In an insider trading activity, The director, of United Rentals Inc /De, Mcallister Singleton B had unloaded 5,600 shares at $60.69 per share in a transaction on May 13, 2016. The total value of transaction was $339,864. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
United Rentals, Inc. (United Rentals) is a holding company engaged in the business of equipment rental. The Company conducts its operations through its wholly owned subsidiary, United Rentals (North America), Inc. (URNA), and its subsidiaries. It operates in two segments: general rentals and trench safety, power and heating, ventilating and air conditioning (HVAC), and pump solutions. The general rentals segment consists of around 12 geographic regions, including eastern Canada, Gulf South, Mid-Atlantic, Mid-Central, Midwest, Mountain West, Northeast, Pacific West, South, Southeast and Western Canada, among others. The trench safety, power and HVAC, and pump solutions segment includes the rental of specialty construction products and related services. It offers approximately 3,300 classes of equipment on an hourly, daily, weekly or monthly basis to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, Government entities and other customers.