Essendant (ESND) Shares are Down -35.87%

Essendant (ESND) : During the past 4 weeks, traders have been relatively bearish on Essendant (ESND), hence the stock is down -35.6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -36.26% relative to the S&P 500. The 4-week change in the price of the stock is -31.25% and the stock has fallen -35.87% in the past 1 week.

Essendant (NASDAQ:ESND): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.39 and $20.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.72, notching a gain of 0.53% for the day. The total traded volume was 1,396,252 . The stock had closed at $20.61 on the previous day.


The stock has recorded a 20-day Moving Average of 31.98% and the 50-Day Moving Average is 32.18%. Essendant Inc. has dropped 34.96% during the last 3-month period . Year-to-Date the stock performance stands at -35.69%.

Essendant Inc., formerly United Stationers Inc., is a wholesale distributor of workplace essentials. The Company stocks an assortment of over 160,000 products in categories, including technology products, traditional office products, office furniture, janitorial and breakroom supplies, industrial supplies, and automotive aftermarket tools and equipment. The Company sells its products through a national distribution network of around 77 distribution centers to over 30,000 resellers, who in turn sell directly to end consumers. The Company also has operations in Dubai, United Arab Emirates (UAE). It offers private brand products within each of its product categories, which include Innovera technology products, Universal office products, Windsoft paper products, Boardwalk and UniSan janitorial and sanitation products, Alera office furniture and Anchor Brand and Best Welds welding, industrial, safety and oil field pipeline products.

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