Dow Chemical Company (The) (DOW) has been under a strong bear grip, hence the stock is down -5.76% 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 3.83% in the past 1 week. The stock has risen by 5.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.64% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 2.94% and the 50-Day Moving Average is 1.78%.
Dow Chemical Company (The) (NYSE:DOW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.91 and $51.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.06, notching a gain of 0.50% for the day. The total traded volume was 3,592,169 . The stock had closed at $51.80 on the previous day.
The company Insiders own 0.97% of Dow Chemical Company (The) shares according to the proxy statements. Institutional Investors own 70.59% of Dow Chemical Company (The) shares. In a related news, The Securities and Exchange Commission has divulged that Ruiz Fernando, officer (Corporate VP & Treasurer) of Dow Chemical Co /De/, had unloaded 20,000 shares at an average price of $52.35 in a transaction dated on November 3, 2015. The total value of the transaction was worth $1,047,000.
The Dow Chemical Company (Dow) is as an integrated science and technology company. The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world. The Company operates in five segments: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals and Performance Plastics. The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.