VWR Corporation (VWR) has been under a strong bear grip, hence the stock is down -0.88% 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 1.65% 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 2.27% in the last 1 week, and is up 5.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
VWR Corporation (NASDAQ:VWR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.56 and $30.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.59, notching a gain of 0.30% for the day. The total traded volume was 1,202,302 . The stock had closed at $30.50 on the previous day.
The stock has recorded a 20-day Moving Average of 4.13% and the 50-Day Moving Average is 4.7%. VWR Corporation is up 13% in the last 3-month period. Year-to-Date the stock performance stands at 8.05%.
VWR Corporation (VWR) is a provider of laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: North, Central and South America (Americas) and Europe, Middle East, Africa and Asia Pacific (EMEA-APAC). It has a presence in Europe and North America with respect to the laboratory products market. It also has operations in Asia-Pacific and other markets to support its multinational customers across the globe. The Company offers a portfolio of and private label laboratory products and a range of services, including custom manufacturing. The Companys portfolio includes chemicals, reagents, consumables, durable products and scientific equipment and instruments. The Companys branded and private label product portfolio includes service offerings marketed under the VWRCATALYST brand, including sourcing and procurement, logistics, chemical and equipment tracking and sample management.