Mattel (MAT) : Traders are bullish on Mattel (MAT) as it has outperformed the S&P 500 by a wide margin of 2.28% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.27%, 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 0.32% in the last 1 week, and is up 3.34% 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 2.94% and the 50-Day Moving Average is 5.54%. Mattel (NASDAQ:MAT): On Fridays trading session , Opening price of the stock was $33.99 with an intraday high of $34.155. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $33.86. However, the stock managed to close at $34.06, a loss of 0.18% for the day. On the previous day, the stock had closed at $34.12. The total traded volume of the day was 1,599,832 shares.
The company Insiders own 0.88% of Mattel shares according to the proxy statements. Institutional Investors own 95.58% of Mattel shares. During last six month period, the net percent change held by insiders has seen a change of -25.09%.
MATTEL, INC. designs, manufactures, and markets a variety of toy products around the world, which are sold to its customers and directly to consumers. The Company operates through three segments: North America, which consists of the United States and Canada, International, and American Girl. The Companys North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories. The Companys International segment products are developed and marketed by the North America segment, although some are developed or adapted for particular international markets. The Companys American Girl segment is a direct marketer, childrens publisher, and retailer for its line of historical dolls, books, and accessories, as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.