ServiceMaster Global Holdings (SERV) has been under a strong bear grip, hence the stock is down -5.67% 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 3.3% in the past 1 week. The stock has risen by 3.36% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.7% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.62% and the 50-Day Moving Average is 0.99%. ServiceMaster Global Holdings (NYSE:SERV): stock turned positive on Friday. Though the stock opened at $38.39, the bulls momentum made the stock top out at $38.77 level for the day. The stock recorded a low of $38.19 and closed the trading day at $38.77, in the green by 1.10%. The total traded volume for the day was 1,131,105. The stock had closed at $38.35 in the previous days trading.
The company Insiders own 1.4% of ServiceMaster Global Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -51.43% . During last six month period, the net percent change held by insiders has seen a change of -38.79%. Also, Major Brokerage house, Nomura maintains its ratings on ServiceMaster Global Holdings (NYSE:SERV). In the latest research report, Nomura lowers the target price from $38 per share to $37 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on July 29, 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.