E.I. du Pont de Nemours and Company (DD) : Traders are bullish on E.I. du Pont de Nemours and Company (DD) as it has outperformed the S&P 500 by a wide margin of 3.98% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.15%, 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 1.08% in the last 1 week, and is up 7.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.35% and the 50-Day Moving Average is 3.89%. E. I. du Pont de Nemours and Company is up 5.56% in the last 3-month period. Year-to-Date the stock performance stands at 5.15%.
E.I. du Pont de Nemours and Company (NYSE:DD): On Fridays trading session , Opening price of the stock was $69.17 with an intraday high of $69.6. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $68.96. However, the stock managed to close at $69.17, a loss of 0.10% for the day. On the previous day, the stock had closed at $69.24. The total traded volume of the day was 2,199,967 shares.
Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of E.I. du Pont de Nemours and Company (NYSE:DD). Barclays has a Equalweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $70 per share from a prior target of $67. The rating by the firm was issued on July 27, 2016.
E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.