International Game Technology (IGT) : Traders are bullish on International Game Technology (IGT) as it has outperformed the S&P 500 by a margin of 2.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.31%, 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 6.96% in the last 1 week, and is up 9% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
International Game Technology (NYSE:IGT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.40 and $20.23 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.59, notching a gain of 0.88% for the day. The total traded volume was 947,458 . The stock had closed at $20.41 on the previous day.
The stock has recorded a 20-day Moving Average of 8.2% and the 50-Day Moving Average is 10.81%. International Game Technology PLC is up 15.97% in the last 3-month period. Year-to-Date the stock performance stands at 30.04%.