Vulcan Materials Company (NYSE:VMC) : Traders are bullish on Vulcan Materials Company (NYSE:VMC) as it has outperformed the S&P 500 by a wide margin of 5.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.81%, 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 3.11% in the last 1 week, and is up 7.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 36.69% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $124.28 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $117.32 and the 200 Day Moving Average price is recorded at $104.43.
The stock has recorded a 20-day Moving Average of 5.71% and the 50-Day Moving Average is 6.67%.
Vulcan Materials Company (NYSE:VMC): stock turned positive on Friday. Though the stock opened at $123.03, the bulls momentum made the stock top out at $124.28 level for the day. The stock recorded a low of $122.14 and closed the trading day at $123.61, in the green by 1.48%. The total traded volume for the day was 1,323,819. The stock had closed at $121.81 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Clement David P, officer (President – Central Division) of Vulcan Materials Co, had unloaded 1,255 shares at an average price of $113.17 in a transaction dated on June 16, 2016. The total value of the transaction was worth $142,028.
Vulcan Materials Company is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates 335 aggregates facilities. The Company has four segments organized around its principal product lines: Aggregates, Concrete, Asphalt Mix and Calcium. The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington D.C. and the Bahamas. The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. The Companys Calcium segment operates a quarry at Brooksville, Florida, which provides feedstock for the ground calcium operation.