Harley-Davidson Inc. (HOG) Moves Higher on Volume Spike for June 13

Harley-Davidson Inc. (HOG) traded on unusually high volume on Jun. 13, as the stock
gained 2.19% to close at $44.30. On the day, Harley-Davidson Inc. saw 3.3 million shares trade hands on 24,653 trades.
Considering that the stock averages only a daily volume of 1.81 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 $56.95 and $39.34 over the last 52-weeks, its 50-day SMA is now $41.46, and its 200-day SMA $45.78. Harley-Davidson Inc.
has a P/B ratio of 3.7. It also has a P/E ratio of 14.5.

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 5,200 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

Still paying commissions on stock trades? Equities.com now offers 100% commission free stock trading and flat-fee options trading for $89.95/month! Get started today by https://www.equities.com/trading

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

This article originally appeared here via Google News