OReilly Automotive (ORLY) has risen sharply, recording gains of 4.29% in the past 4 weeks. However, the stock has corrected -0.35% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.89% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
OReilly Automotive Inc. is up 11.27% in the last 3-month period. Year-to-Date the stock performance stands at 12.75%. The stock has recorded a 20-day Moving Average of 0.02% and the 50-Day Moving Average is 3.54%.
OReilly Automotive (NASDAQ:ORLY): The stock opened at $285.12 on Friday but the bulls could not build on the opening and the stock topped out at $287.57 for the day. The stock traded down to $284.66 during the day, due to lack of any buying support eventually closed down at $285.72 with a loss of -0.10% for the day. The stock had closed at $286.01 on the previous day. The total traded volume was 367,512 shares.
Also, Citigroup maintains their rating on the shares of OReilly Automotive (NASDAQ:ORLY). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $335 per share from $310 per share. The rating by the firm was issued on July 29, 2016.
OReilly Automotive, Inc. (OReilly) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Companys stores carry a product line, including new and remanufactured automotive hard parts, maintenance items and various automotive accessories. As of December 31, 2014, the Company owned and operated 4,366 stores in 43 states, servicing both the do-it-yourself (DIY) customers and the professional service providers. OReillys stores offer new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control, chassis parts and engine parts; maintenance items, such as oil, antifreeze, fluids, filters, wiper blades, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.