HRG Group (HRG) has risen sharply, recording gains of 5.24% in the past 4 weeks. However, the stock has corrected -0.57% in the past 1 week, providing a good buying opportunity on dips. HRG Group (HRG) : During the past 4 weeks, traders have been relatively bearish on HRG Group (HRG), hence the stock is down -1.42% 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 -1.17% relative to the S&P 500.
HRG Group (NYSE:HRG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.87 and $13.84 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.06, notching a gain of 1.37% for the day. The total traded volume was 845,683 . The stock had closed at $13.87 on the previous day.
The stock has recorded a 20-day Moving Average of 2.52% and the 50-Day Moving Average is 2.76%. HRG Group, Inc. is up 0.21% in the last 3-month period. Year-to-Date the stock performance stands at 3.69%.
HRG Group, Inc., formerly Harbinger Group Inc., is a holding company. The Companys operations are conducted through Fidelity & Guaranty Life (FGL), that offers life insurance and annuity products; Front Street Re (Delaware) Ltd. (Front Street), which offers reinsurance; Salus Capital Partners, LLC (Salus), Five Island Asset Management, LLC (FIAM), which holds interests in FIAM Capital Management, LLC (Five Island), Energy & Infrastructure Capital (EIC) and CorAmerica Capital, LLC (CorAmerica) offer financing and asset management, Spectrum Brands Holdings, Inc. (Spectrum Brands), which provides consumer products, such as batteries, small appliances, pet supplies, home and garden control products, personal care products and hardware and home improvement products. It also holds oil and natural gas properties through Compass Production GP, LLC and Compass Production Partners, LP. The Company operates through four segments: Consumer Products, Insurance, Energy and Asset Management.