HRG Group (HRG) : Traders are bullish on HRG Group (HRG) as it has outperformed the S&P 500 by a wide margin of 11.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.99%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.05% in the last 1 week, and is up 12.45% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.17% and the 50-Day Moving Average is 13.38%. HRG Group (NYSE:HRG): On Fridays trading session , Opening price of the stock was $16.02 with an intraday high of $16.02. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.86. However, the stock managed to close at $15.9, a loss of 0.50% for the day. On the previous day, the stock had closed at $15.98. The total traded volume of the day was 911,861 shares.
The company Insiders own 2.95% of HRG Group shares according to the proxy statements. Institutional Investors own 94.38% of HRG Group shares.
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.