Stock price performance of PerkinElmer, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 2.5% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -5.66% . Looking at the past 52 week period, the stock price is up at 20.6% . 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 PerkinElmer, Inc. has a positive value of 5.44 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 0.47% and the 50-Day Moving Average is 0.18%.The 200 Day SMA reached 1.47%
PerkinElmer, Inc. is having a Relative Strength Index of 48.07 which indicates the stock is not yet over sold or over bought based on the technical indicators. PerkinElmer, Inc. (NYSE:PKI) has tumbled 0.29% during the past week and has dropped 1.77% 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 0.41%. PerkinElmer, Inc. (NYSE:PKI) has underperformed the index by 2.64% 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 Dec 2, 2016, Alexis P Michas (director) sold 15,000 shares at 51.00 per share price.On Sep 22, 2016, Frank Anders Wilson (officer ) sold 46,611 shares at 55.00 per share price.On Sep 22, 2016, Joel S Goldberg (officer ) sold 38,095 shares at 55.00 per share price.
PerkinElmer Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.83 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.86. The company had revenue of $566.80 million for the quarter, compared to analysts expectations of $612.93 million. The companys revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.86 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.PerkinElmer was Downgraded by BofA/Merrill to Underperform on Feb 3, 2017. PerkinElmer was Initiated by Deutsche Bank on Jan 18, 2017 to Hold, Price Target of the shares are set at $55.
PerkinElmer, Inc. (NYSE:PKI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.68 points or 3.12% at $52.17 with 2,022,490 shares getting traded. Post opening the session at $51, the shares hit an intraday low of $50.59 and an intraday high of $53.67 and the price was in this range throughout the day. The company has a market cap of $5,715 million and the number of outstanding shares has been calculated to be 109,545,379 shares. The 52-week high of PerkinElmer, Inc. (NYSE:PKI) is $57.28 and the 52-week low is $39.5.
PerkinElmer, Inc. is a global technology company which provides products and systems to the telecom, medical, pharmaceutical, chemical, semiconductor and photographic markets. The Company has operations in over 100 countries, and is a component of the S&P 500 Index. The Companys continuing operations are classified into four operating segments: Life Sciences, Optoelectronics, Instruments, and Fluid Sciences.