Rockwell Collins (COL) has been under a strong bear grip, hence the stock is down -0.5% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.75% in the past 1 week. The stock has risen by 0.72% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.12% in the past 4 weeks.
Rockwell Collins Inc. has dropped 4.26% during the last 3-month period . Year-to-Date the stock performance stands at -6.72%. The stock has recorded a 20-day Moving Average of 0.78% and the 50-Day Moving Average is 0.31%.
Rockwell Collins (NYSE:COL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.69 and $84.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $85.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $85.09, notching a gain of 0.13% for the day. The total traded volume was 335,995 . The stock had closed at $84.98 on the previous day.
Also, Brokerage firm Canaccord Genuity downgrades its rating on Rockwell Collins (NYSE:COL). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 26, 2016.
Rockwell Collins, Inc. is engaged in design, production and support of communications and aviation electronics for commercial and military customers around the world. The Companys products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems. The Companys Government Systems business provides a range of electronic products, systems and services to customers. The Companys Commercial Systems business supplies aviation electronics systems, products and services to customers located throughout the world. Its integrated system solutions and products cater to a range of markets. It also provides a range of services and support, including equipment repair and overhaul, service parts and field service engineering. It enables wireless distribution of digital information aboard the aircraft. Its portfolio of cabin products and services, allows airlines to stream video content to approximately 250 passengers simultaneously.