9 Rallying Industrial Stocks Being Snapped By Hedge Funds
2. Sturm, Ruger & Co. Inc. (RGR): Engages in the design, manufacture, and sale of firearms in the United States. Market cap at $1.05B, most recent closing price at $55.01. Net institutional purchases in the current quarter at 1.8M shares, which represents about 9.72% of the company’s float of 18.52M shares. The stock is currently trading 16.79% above its 20-day moving average, 19.14% above its 50-day moving average, and 27.11% above its 200-day moving average.
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