Company Shares of Wolverine World Wide (NYSE:WWW) Rally 8%

Wolverine World Wide (NYSE:WWW) : Traders are bullish on Wolverine World Wide (NYSE:WWW) as it has outperformed the S&P 500 by a wide margin of 12.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.64%, 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 8% in the last 1 week, and is up 14.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -24.53% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $29.94 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.41 and the 200 Day Moving Average price is recorded at $18.11.

The stock has recorded a 20-day Moving Average of 11.55% and the 50-Day Moving Average is 17.62%.


Wolverine World Wide (NYSE:WWW): stock turned positive on Friday. Though the stock opened at $21.58, the bulls momentum made the stock top out at $22.41 level for the day. The stock recorded a low of $21.58 and closed the trading day at $22.27, in the green by 4.16%. The total traded volume for the day was 1,664,745. The stock had closed at $21.38 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Wolverine World Wide Inc /De/, Boromisa Jeffrey M, had purchased 2,500 shares in a transaction dated on October 29, 2015. The transaction was executed at $18.49 per share with total amount equaling $46,225.

Wolverine World Wide, Inc. is a designer, manufacturer and marketer of casual footwear and apparel, outdoor and athletic footwear and apparel, childrens footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry Top-Sider footwear and apparel, Stride Rite footwear and apparel, Hush Puppies footwear and apparel, Keds footwear and apparel, and Soft Style footwear; Performance Group, consisting of Merrell footwear and apparel, Saucony footwear and apparel, Chaco footwear, and Cushe footwear, and Heritage Group, consisting of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Sebago footwear and apparel, Harley-Davidson footwear, and HyTest safety footwear. The Other category consists of the Companys multi-brand consumer-direct business, leather marketing operations, and sourcing operations that include third-party commission revenues.

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