Stock price performance of Nucor Corporation is analyzed for various periods using several stock trading signals. The stock price have dropped -2.38% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 14.59% . Looking at the past 52 week period, the stock price is up at 43.66% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Nucor Corporation has a positive value of 25.84 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 0.72% and the 50-Day Moving Average is 0.61%.The 200 Day SMA reached 17%
Nucor Corporation is having a Relative Strength Index of 36.88 which indicates the stock is not yet over sold or over bought based on the technical indicators. Nucor Corporation (NYSE:NUE) has tumbled 6% during the past week and has dropped 4.88% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.11%. Nucor Corporation (NYSE:NUE) has underperformed the index by 5.72% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Nov 15, 2016, James R Darsey (Executive Vice President) sold 30,202 shares at 58.01 per share price.On Nov 15, 2016, Robert J Stratman (Executive Vice President) sold 15,744 shares at 59.21 per share price.On Jul 28, 2016, James D Frias (CFO, Treasurer and EVP) sold 9,000 shares at 53.14 per share price.
Nucor Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.16. Analyst had a consensus of $0.34. The company had revenue of $3956.54 million for the quarter, compared to analysts expectations of $3852.42 million. The companys revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Nucor Corporation was Upgraded by KeyBanc Capital Mkts to Overweight on Jan 9, 2017. Nucor Corporation was Upgraded by Berenberg to Buy on Dec 6, 2016. Nucor Corporation was Downgraded by Macquarie to Underperform on Nov 29, 2016. Nucor Corporation was Downgraded by Berenberg to Hold on Nov 14, 2016. Nucor Corporation was Upgraded by BofA/Merrill to Buy on Nov 9, 2016.
Nucor Corporation (NYSE:NUE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.14 points or 0.24% at $57.35 with 2,570,001 shares getting traded. Post opening the session at $57.39, the shares hit an intraday low of $56.6605 and an intraday high of $58.09 and the price was in this range throughout the day. The company has a market cap of $18,265 million and the number of outstanding shares has been calculated to be 318,485,160 shares. The 52-week high of Nucor Corporation (NYSE:NUE) is $68 and the 52-week low is $37.71.
Nucor Corporation manufactures and sells steel products. Principal steel products are hot-rolled steel (angles, rounds, flats, channels, sheet, wide-flange beams, pilings, billets, blooms and beam blanks), cold-rolled steel, cold finished steel, steel joists and joist girders, steel deck, steel fasteners and steel grinding balls. Nucor is the largest recycler in the United States. Nucor and affiliates are manufacturers of steel products, with operating facilities in fourteen states.