Weight Watchers International Inc (NYSE:WTW) has been under a strong bear grip, hence the stock is down -14.96% 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 0.25% in the past 1 week. The stock has risen by 1.54% in the past week indicating that the buyers are active at lower levels, but the stock is down -13.59% in the past 4 weeks.
The company shares have rallied 198.00% from its 1 Year high price. On Nov 19, 2015, the shares registered one year high at $28.05 and the one year low was seen on Jul 28, 2015. The 50-Day Moving Average price is $13.46 and the 200 Day Moving Average price is recorded at $13.94.
The stock has recorded a 20-day Moving Average of 5.88% and the 50-Day Moving Average is 10.82%.
Weight Watchers International Inc (NYSE:WTW): stock turned positive on Friday. Though the stock opened at $11.5, the bulls momentum made the stock top out at $12.015 level for the day. The stock recorded a low of $11.5 and closed the trading day at $11.89, in the green by 3.39%. The total traded volume for the day was 1,308,980. The stock had closed at $11.5 in the previous days trading.
In an insider trading activity, Kelly Denis F, director of Weight Watchers International Inc, had purchased 10,000 shares on May 9, 2016. The total value of the transaction was $122,100. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Weight Watchers International, Inc. is a provider of weight management services. The company operates globally through a network of Company-owned and franchise operations. The Company provides Services and Products including: Weight Management Plans, Clinical Efficacy, and Meetings. Weight Management Plans, provides weight management program comprised of nutritional, exercise and behavioral tools and approaches. Clinical Efficacy, offers clinically-studied commercial weight management programs. Meetings, present the Companys program food plans, exercise, behavior modification and group support. The company operates through North America, United Kingdom, Continental Europe, and Other segments.