Tiffany & Co. (TIF) has been under a strong bear grip, hence the stock is down -3.35% 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 0.52% 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 1.14% in the last 1 week, and is up 3.18% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Tiffany & Co. (NYSE:TIF): The stock opened at $62.00 on Friday but the bulls could not build on the opening and the stock topped out at $62.22 for the day. The stock traded down to $61.28 during the day, due to lack of any buying support eventually closed down at $62.00 with a loss of -0.05% for the day. The stock had closed at $62.03 on the previous day. The total traded volume was 1,092,318 shares.
The stock has recorded a 20-day Moving Average of 1.65% and the 50-Day Moving Average is 0.03%. Tiffany & Co. has dropped 14.48% during the last 3-month period . Year-to-Date the stock performance stands at -17.67%.
Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Companys principal product category is jewelry. The Company also sells timepieces, leather goods, sterling silver goods (other than jewelry), china, crystal, stationery, fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO., as well as the TIFFANY BLUE BOX. Its segments include Americas, Asia-Pacific, Japan, Europe and Other. It operates e-commerce enabled Websites in 13 countries, as well as informational Websites in various additional countries.