DJ Parker Hannifin Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Parker Hannifin Corp. $(PH)$ inched 0.60% higher to $706.87 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's third consecutive day of gains.
Parker Hannifin Corp. closed $4.73 short of its 52-week high ($711.60), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 0.34% to $235.84, Honeywell International Inc. $(HON)$ rose 1.34% to $229.11, and Eaton Corp. PLC $(ETN)$ rose 1.74% to $377.41.
Trading volume (562,308) remained 36,205 below its 50-day average volume of 598,513.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:44 ET (21:44 GMT)
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