Graco (GGG) Shares are Down -8.15%

Graco (GGG) : During the past 4 weeks, traders have been relatively bearish on Graco (GGG), hence the stock is down -10.8% 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 -8.72% relative to the S&P 500. The 4-week change in the price of the stock is -4.78% and the stock has fallen -8.15% in the past 1 week.

Graco (NYSE:GGG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $72.77 and $72.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $73.78, notching a gain of 0.56% for the day. The total traded volume was 787,005 . The stock had closed at $73.37 on the previous day.


The stock has recorded a 20-day Moving Average of 5.87% and the 50-Day Moving Average is 6.97%. Graco Inc. has dropped 8.04% during the last 3-month period . Year-to-Date the stock performance stands at 3.72%.

Graco Inc. (Graco) is a manufacturing company. The Company designs, manufactures and markets equipment to pump, meter, mix and dispense a variety of fluids and coatings. Its equipment is used in the construction, automotive, industrial, mining, oil and natural gas, process, public works and other industries. The Company operates in three segments: Industrial, Contractor and Lubrication. The Industrial segment markets equipment and pre-engineered packages for moving and applying paints, coatings, sealants, adhesives and other fluids. The Contractor segment markets sprayers for architectural coatings for painting, corrosion control, texture and line striping. The Lubrication segment markets products to move and dispense lubricants for service garages, fleet service centers, automobile dealerships, the mining industry and industrial lubrication applications. Graco sells its products in North, Central and South America, Europe, Middle East and Africa, and Asia Pacific.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.