Griffon Corporation (GFF) has been under a strong bear grip, hence the stock is down -1.76% 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 0.44% in the past 1 week. The stock has risen by 0.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.38% in the past 4 weeks.
Griffon Corporation is up 4.2% in the last 3-month period. Year-to-Date the stock performance stands at -3.31%. The stock has recorded a 20-day Moving Average of 0% and the 50-Day Moving Average is 0.63%.
Griffon Corporation (NYSE:GFF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.98 and $16.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.10, notching a gain of 0.77% for the day. The total traded volume was 92,970 . The stock had closed at $16.97 on the previous day.
Griffon Corporation (Griffon), is a diversified management and holding company that conducts business through its wholly-owned subsidiaries. The Home & Building Products (HBP) segment of the Company, consists of two companies, Ames True Temper, Inc. (ATT) and Clopay Building Products (CBP). ATT provides non-powered landscaping products for homeowners and professionals. CBP manufactures and sells residential, commercial and industrial garage doors to professional installing dealers and major home center retail chains. Telephonics Corporation (Telephonics) designs, develops and manufactures high-technology integrated information, communication and sensor system solutions for military and commercial markets. Clopay Plastic Products Company (Plastics) develops and produces embossed, laminated and printed specialty plastic films used in a variety of hygienic, health-care and industrial applications.