Koninklijke Philips N.V. (PHG) Shares are Up 1.76%

Koninklijke Philips N.V. (PHG) : Traders are bullish on Koninklijke Philips N.V. (PHG) as it has outperformed the S&P 500 by a wide margin of 3.08% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.83%, 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 1.76% in the last 1 week, and is up 6.54% 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 4.17% and the 50-Day Moving Average is 3.25%. Koninklijke Philips N.V. has dropped 0.09% during the last 3-month period . Year-to-Date the stock performance stands at 7.99%.


Koninklijke Philips N.V. (NYSE:PHG): The stock was completely flat for the day, closing at $26.56 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $26.67, the stock touched an intraday high of $26.74 and a low of $26.56. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $26.56. The total trading volume on Friday was 2,848,149.

Koninklijke Philips N.V. is a technology company. The Company operates in the segments of Healthcare, Consumer Lifestyle and Lighting. It operates in the Innovation, Group & Services (IG&S) sector. The Healthcare segment includes imaging systems, customer services, healthcare informatics, solutions and services, and patient care and monitoring solutions. The Consumer lifestyle segment includes personal care, domestic appliances and health and wellness solutions. The Lighting segment offers various lighting solutions across a range of market segments. The Innovation, Group & Services sector includes the activities of Group Innovation and Group and regional management organizations. Additionally, the global shared business services for procurement, finance, human resources, information technology (IT) and real estate are reported in this sector. It has around 93 production sites in 25 countries and sales and service outlets in approximately 100 countries.

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