Cooper Tire & Rubber Company s in-depth stock price analysis indicates that the stock price has dropped -6.63% 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 5.74% . Looking at the past 52 week period, the stock price is down -3.13% . 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 Cooper Tire & Rubber Company has a positive value of 4.94 compared to overall market. Cooper Tire & Rubber Company (NYSE:CTB) has tumbled 0.28% during the past week and has dropped 0.97% 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 1.08%. Cooper Tire & Rubber Company (NYSE:CTB) has underperformed the index by 2.74% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Cooper Tire & Rubber Company (NYSE:CTB) : On Friday heightened volatility was witnessed in Cooper Tire & Rubber Company (NYSE:CTB) which led to swings in the share price. The stock opened for trading at $35.4 and hit $36.5 on the upside , eventually ending the session at $35.9, with a gain of 1.7% or 0.6 points. The heightened volatility saw the trading volume jump to 10,080,988 shares. The 52-week high of the share price is $40.75 and the company has a market cap of $1,920 million. The 52-week low of the share price is at $29.29 .
Cooper Tire & Rubber Co Last issued its quarterly earnings results on Oct 31, 2016. The company reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.01. The company had revenue of $750.90 million for the quarter, compared to analysts expectations of $790.84 million. The companys revenue was down -4.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.93 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cooper Tire & Rubber Co was Resumed by KeyBanc Capital Mkts to Overweight on Nov 16, 2016.
Company has reported several Insider transactions to the SEC, on Nov 17, 2016, John J Holland (director) sold 4,000 shares at 37.86 per share price.On Mar 7, 2016, Roy V Armes (COB, President & CEO) sold 50,000 shares at 39.39 per share price.On Feb 25, 2016, Stephen Zamansky (Senior VP, Gen Counsel & Secy) sold 13,397 shares at 39.04 per share price.
Cooper Tire & Rubber Company specializes in the manufacture and marketing of automotive products. Products for Coopers Tire Group include automotive, motorcycle and truck tires, inner tubes, tread rubber and equipment. In the Automotive Group, Cooper is an original equipment supplier of sealing, trim, NVH control systems and fluid handling systems for the automotive industry in North America, Europe and South America. (PRESS RELEASE)