Milacron Holdings (MCRN) : Traders are bullish on Milacron Holdings (MCRN) as it has outperformed the S&P 500 by a wide margin of 6.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.58%, 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 0.55% in the last 1 week, and is up 7.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Milacron Holdings Corp. is up 8.82% in the last 3-month period. Year-to-Date the stock performance stands at 32.13%. The stock has recorded a 20-day Moving Average of 0.29% and the 50-Day Moving Average is 4.36%.
Milacron Holdings (NYSE:MCRN): The stock opened at $16.46 on Friday but the bulls could not build on the opening and the stock topped out at $16.61 for the day. The stock traded down to $16.25 during the day, due to lack of any buying support eventually closed down at $16.53 with a loss of -0.06% for the day. The stock had closed at $16.54 on the previous day. The total traded volume was 62,477 shares.
Milacron Holdings Corp. manufactures, distributes and services engineered and customized systems within the plastic technology and processing industry. The Companys product portfolio includes hot runner systems, injection molding, blow molding and extrusion equipment. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). Its APPT segment designs, manufactures and sells injection, extrusion and blow molding equipment, co-injection systems and related parts and services. The Companys MDCS segment designs, manufactures and sells hot runner and process control systems, mold bases and components, and sells maintenance repair and operations (MRO) supplies. Its Fluids segment is a manufacturer of synthetic and semi-synthetic lubricants and coolants used in various industrial metalworking applications.