A note of caution on Sturm Ruger & Co.

by Josh Sturm Ruger & Co. ($RGR) is seeing a death crossing occurring today. The 200 day moving average (EMA) is crossing above the shorter term 50 day moving average (EMA). This is a bearish signal indicating further potential downside.

Shares have been coiling (lower highs and higher lows) since the lower high printed in early March. Technical traders will be on the lookout for a breakout from the current coil.

52 Week Range $39.13-$60.11 Market Cap 912,266,790 Average Volume 345,380 Dividend Yield 4.05% Institutional Ownership 76.00% Insider Ownership: 4.30% Percentage of Float Short 24.10% Beta 0.41

Sturm Ruger & Co. Sturm, Ruger & Company, Inc is principally engaged in the design, manufacture, and sale of firearms to domestic customers. The Company produces rifles, shotguns, pistols, and revolvers.

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