Harley-Davidson Inc. (HOG) Moves Lower on Volume Spike for March 31

Harley-Davidson Inc. (HOG) Moves Lower on Volume Spike for March 31

Harley-Davidson Inc. (HOG) traded on unusually high volume on Mar. 31, as the stock
lost 0.84% to close at $60.50. On the day, Harley-Davidson Inc. saw 2.95 million shares trade hands on 10,252 trades.
Considering that the stock averages only a daily volume of 1.73 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the
company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $63.40 and $41.63 over the last 52-weeks, its 50-day SMA is now $58.56, and its 200-day SMA $54.44. Harley-Davidson Inc.
has a P/B ratio of 5.54. It also has a P/E ratio of 15.9.

Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and related services. It operates in two segments, Motorcycles and Related Products, and Financial Services.

Headquartered in Milwaukee, WI, Harley-Davidson Inc. has 5,400 employees and is currently under the leadership of CEO Matthew S. Levatich.

For a complete fundamental analysis analysis of Harley-Davidson Inc., check out Equities.com’s Stock Valuation Analysis report
for HOG

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to
learn more about Guild Investment’s Market Commentary and Adam Sarhan’s
Find Leading Stocks

To get more information on Harley-Davidson Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
HOG’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
. Also, don’t forget to sign-up for our daily
email newsletter
to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Published at Fri, 31 Mar 2017 21:30:07 +0000

Craig Ballantyne

I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

Leave a Reply

Your email address will not be published. Required fields are marked *