ServiceMaster Global Holdings (SERV) Shares are Down -5.73%

ServiceMaster Global Holdings (SERV) : During the past 4 weeks, traders have been relatively bearish on ServiceMaster Global Holdings (SERV), hence the stock is down -10.74% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.7% relative to the S&P 500. The 4-week change in the price of the stock is -10.4% and the stock has fallen -5.73% in the past 1 week.

ServiceMaster Global Holdings, Inc. is up 0.52% in the last 3-month period. Year-to-Date the stock performance stands at -6.86%. The stock has recorded a 20-day Moving Average of 4.24% and the 50-Day Moving Average is 6.16%.


ServiceMaster Global Holdings (NYSE:SERV): The stock opened at $36.85 on Friday but the bulls could not build on the opening and the stock topped out at $36.85 for the day. The stock traded down to $36.50 during the day, due to lack of any buying support eventually closed down at $36.55 with a loss of -1.14% for the day. The stock had closed at $36.97 on the previous day. The total traded volume was 580,375 shares.

Also, In the latest statement by the brokerage house, Nomura maintains its outlook on ServiceMaster Global Holdings (NYSE:SERV). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $37 per share to $36 per share. The rating by the firm was issued on August 16, 2016.

ServiceMaster Global Holdings, Inc. is a holding company. The Company is a provider of residential and commercial services, operating through a service network of more than 8,000 company owned locations and franchise and license agreements. The Companys services include termite and pest control, home warranties, disaster restoration, janitorial, residential cleaning, furniture repair and home inspection. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. The Companys segments include Terminix, American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration, janitorial and cleaning services through franchises.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.