Masco Corporation (MAS) : Traders are bullish on Masco Corporation (MAS) as it has outperformed the S&P 500 by a wide margin of 11.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.09%, 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 0.52% in the last 1 week, and is up 13.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Masco Corporation (NYSE:MAS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.51 and $36.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.67, notching a gain of 1.07% for the day. The total traded volume was 2,050,239 . The stock had closed at $36.28 on the previous day.
The stock has recorded a 20-day Moving Average of 5.55% and the 50-Day Moving Average is 12.45%. Masco Corporation is up 16.04% in the last 3-month period. Year-to-Date the stock performance stands at 30.82%.
Masco Corporation (MAS) : 11 investment research analysts covering Masco Corporation (MAS) have an average price target of $37.73 for the near short term. The highest target price given by the Brokerage Firm to the stock is $42 and the lowest target is $29 for the short term. Analysts expect the variance to be within $4.5 of the average price.
Masco Corporation manufactures, distributes and installs home improvement and building products. The Companys segments include Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products and Other Specialty Products. Its Cabinets and Related Products includes assembled kitchen and bath cabinets, and home office workstations, entertainment centers, storage products; bookcases, and kitchen utility products. Its Plumbing Products include faucets, plumbing fittings and valves, showerheads and hand showers, bathtubs and shower enclosures, toilets and spas. The Installation and Other Services includes the sale, installation and distribution of insulation and other building products. Its Decorative Architectural Products include paints and stains, and cabinet, door, window and other hardware. Its Other Specialty Products include windows, window frame components and patio doors, staple gun tackers, staples and other fastening tools.