TASER International (TASR) : Traders are bullish on TASER International (TASR) as it has outperformed the S&P 500 by a margin of 16.09% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.07%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.71% in the last 1 week, and is up 23.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TASER International (NASDAQ:TASR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.14 and $27.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.48, notching a gain of 0.99% for the day. The total traded volume was 869,829 . The stock had closed at $28.20 on the previous day.
The stock has recorded a 20-day Moving Average of 9.63% and the 50-Day Moving Average is 20.56%. TASER International Inc. is up 52.54% in the last 3-month period. Year-to-Date the stock performance stands at 64.72%.
TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement, military, corrections, private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs, accessories and other products and services, and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement, military, corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam, AXON Video products and EVIDENCE.com.