Shares of Colgate-Palmolive Company (CL) Rally 0.63%

On a relative basis, the stock has outperformed the S&P 500 by 0.21% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.63% in the last 1 week, and is up 4.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.83% and the 50-Day Moving Average is 3.92%.

Colgate-Palmolive Company (NYSE:CL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.94 and $74.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.72, notching a gain of 0.01% for the day. The total traded volume was 4,633,487 . The stock had closed at $74.71 on the previous day.


The company Insiders own 1.05% of Colgate-Palmolive Company shares according to the proxy statements. Institutional Investors own 75.08% of Colgate-Palmolive Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.63%. In a related news,The officer (Chief Technology Officer) of Colgate Palmolive Co, Verduin Patricia sold 3,666 shares at $72.19 on June 15, 2016. The Insider selling transaction had a total value worth of $264,649. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Colgate-Palmolive Company (Colgate) is a consumer products company, whose products are marketed in more than 200 countries and territories throughout the world. The Company operates in two product segments: Oral, Personal and Home Care, and Pet Nutrition. The Oral, Personal and Home Care product segment is operated through five geographic segments: North America, Latin America, Europe/South Pacific, Asia and Africa/Eurasia. The Companys oral care products include Colgate Total; Colgate Sensitive Pro-Relief; Colgate Max Fresh; Colgate Optic White and Colgate Luminous White toothpastes, among others. The Company sells its personal care products under the Palmolive, Protex and Softsoap brands. The Company, through its Hills Pet Nutrition segment (Hills), manufactures pet nutrition products for dogs and cats.

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