Generac Holdlings (GNRC) has been under a strong bear grip, hence the stock is down -3.16% 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 3.25% in the past 1 week. The stock has risen by 3.22% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.79% in the past 4 weeks.
Generac Holdings Inc. is up 2.44% in the last 3-month period. Year-to-Date the stock performance stands at 23.92%. The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 1.3%.
Generac Holdlings (NYSE:GNRC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.68 and $36.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.89, notching a gain of 0.35% for the day. The total traded volume was 489,849 . The stock had closed at $36.76 on the previous day.
Generac Holdings Inc. is a designer and manufacturer of a range of power generation equipment and other engine powered products. The Company serves the residential, light commercial, industrial, oil and gas, and construction markets. Its other engine powered products that it designs and manufactures include light towers, which provide temporary lighting for various end markets; commercial and industrial mobile heaters used in the oil and gas, construction and other industrial markets, and a product line of power washers for residential and commercial use. It designs, manufactures, sources and modifies engines, alternators, transfer switches and other components necessary for its products. It also sells direct to certain national and regional account customers, including telecommunication, retail, banking, convenience stores, grocery stores and other light commercial applications. Its products include residential products, commercial and industrial (C&I) products, and other products.