Harris Corporation stock performance trend indicates that the stock price has rallied 8.28% 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 22.6% . Looking at the past 52 week period, the stock price is up at 42.35% . 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 Harris Corporation has a positive value of 28.37 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 71.19.
Harris Corporation (NYSE:HRS) has climbed 1.53% in the past week and advanced 2.6% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.29% and the outperformance has advanced to 1.43% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. Harris Corporation (NYSE:HRS) : On Friday heightened volatility was witnessed in Harris Corporation (NYSE:HRS) which led to swings in the share price. The stock opened for trading at $111.98 and hit $112.69 on the upside , eventually ending the session at $112.31, with a gain of 0.59% or 0.66 points. The heightened volatility saw the trading volume jump to 1,487,458 shares. The 52-week high of the share price is $112.69 and the company has a market cap of $13,978 million. The 52-week low of the share price is at $73.32 .
Company has reported several Insider transactions to the SEC, on Mar 14, 2017, Scott T Mikuen (Sr VP-General Counsel & Secy) sold 20,600 shares at 109.71 per share price.On Feb 10, 2017, James F Albaugh (director) purchased 1,000 shares at 104.98 per share price.On Feb 10, 2017, Robert L Duffy (SVP-Human Resources) sold 21,050 shares at 105.48 per share price.
Harris Corporation Last issued its quarterly earnings results on Feb 2, 2017. The company reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $1.38. The company had revenue of $1700.00 million for the quarter, compared to analysts expectations of $1764.54 million. The companys revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.49 EPS.
Harris Corporation is an international company focused on communications equipment for voice, data and video applications. The company structures its operations around five operating divisions, which divisions have been organized on the basis of specific communications technology and markets. For the most part, each operating division has its own marketing, engineering, manufacturing and service organization. The company produces most of the products it sells, except for certain broadcast products sold by the Broadcast Communications Division.