HD Supply Holdings (HDS) has risen sharply, recording gains of 0.62% in the past 4 weeks. However, the stock has corrected -1.55% in the past 1 week, providing a good buying opportunity on dips. HD Supply Holdings (HDS) : During the past 4 weeks, traders have been relatively bearish on HD Supply Holdings (HDS), hence the stock is down -1.82% 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 -1.97% relative to the S&P 500.
HD Supply Holdings (NASDAQ:HDS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.45 and $35.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.63, notching a gain of 0.99% for the day. The total traded volume was 1,386,032 . The stock had closed at $35.28 on the previous day.
The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 1.28%. HD Supply Holdings, Inc. is up 6.33% in the last 3-month period. Year-to-Date the stock performance stands at 18.65%.
HD Supply Holdings (HDS) : 12 Wall Street analysts covering HD Supply Holdings (HDS) believe that the average level the stock could reach for the short term is $39.5. The maximum price target given is $43 and the minimum target for short term is around $37, hence the standard deviation is calculated at $1.88.
HD Supply Holdings, Inc. is an industrial distributor in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions and Construction & Industrial-White Cap. Facilities Maintenance distributes maintenance, repair and operations (MRO) products, provides value-add services and fabricates custom products. Waterworks distributes water and wastewater transmission products, serving contractors and municipalities in the water and wastewater industries for non-residential and residential uses. Power Solutions distributes electrical transmission and distribution products, power plant MRO supplies and smart-grid products, and arranges materials management and procurement outsourcing for the power generation and distribution industries. Construction & Industrial-White Cap distributes specialized hardware, tools, engineered materials and safety products to non-residential and residential contractors.