Shares of United Rentals Inc. (URI) saw a slight increase of 0.36% to reach $453.62 on Monday. This positive movement came during a successful trading session for the overall stock market, with the S&P 500 Index (SPX) rising 0.07% to 4,453.53 and the Dow Jones Industrial Average (DJIA) increasing by 0.02% to 34,624.30.
Despite this small gain, United Rentals Inc. is still $38.71 short of its 52-week high, which it reached on September 1st with a price of $492.33. However, the stock performed better than some of its competitors on Monday, as Herc Holdings Inc. (HRI) saw a decline of 2.70% to $122.54.
Trading volume for United Rentals Inc. was slightly below its 50-day average volume, with 567,649 trades compared to the average of 686,355 over the past 50 days. This indicates that there was less market activity surrounding the stock on Monday.
Please note that this article was automatically generated by Automated Insights, a technology provider that utilizes data from Dow Jones and FactSet. For more information on market data terms of use, please refer to the respective sources.
Definitions:
– United Rentals Inc. (URI): United Rentals is a company that provides rental equipment to the construction and industrial sectors.
– S&P 500 Index (SPX): The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States.
– Dow Jones Industrial Average (DJIA): The Dow Jones Industrial Average is a stock market index that tracks the stock performance of 30 large, publicly-owned companies in the United States.
– Herc Holdings Inc. (HRI): Herc Holdings is a company that provides equipment rental services primarily to the construction industry.
Sources:
– Dow Jones
– FactSet