Polaris Industries (PII) : Traders are bullish on Polaris Industries (PII) as it has outperformed the S&P 500 by a margin of 12.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.97%, 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 9.64% in the last 1 week, and is up 20.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Polaris Industries (NYSE:PII): The stock opened at $97.10 on Friday but the bulls could not build on the opening and the stock topped out at $97.47 for the day. The stock traded down to $95.32 during the day, due to lack of any buying support eventually closed down at $96.56 with a loss of -0.32% for the day. The stock had closed at $96.87 on the previous day. The total traded volume was 1,658,887 shares.
The stock has recorded a 20-day Moving Average of 12.84% and the 50-Day Moving Average is 14.6%. Polaris Industries Inc. has dropped 3.35% during the last 3-month period . Year-to-Date the stock performance stands at 13.77%.
Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.