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Sunday 31 January 2016
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Technology Stocks in Review: Micron Technology, (NASDAQ:MU), Activision Blizzard, (NASDAQ:ATVI), Gogo (NASDAQ:GOGO)

Technology Stocks in Review: Micron Technology, (NASDAQ:MU), Activision Blizzard, (NASDAQ:ATVI), Gogo (NASDAQ:GOGO)

– in TECHNOLOGY

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On Thursday, Micron Technology, Inc. (NASDAQ:MU)’s shares declined -5.33% to $15.51.

MU is currently valued at $18.94 billion. The company has 1.09 billion shares outstanding and 91.90% shares of the company were owned by institutional investors. The company has 1.11 value in price to sale ratio while price to book ratio was recorded as 1.43. The company exchanged hands with 26.77 million shares as compared to its average daily volume of 30.15 million shares. It beta stands at 2.05.

The mean estimate for the short term price target for Micron Technology, Inc.(NASDAQ:MU) stands at $21.27 according to 30 Analysts. The higher price target estimate for the stock has been calculated at $43.00 while the lower price target estimate is at $12.50.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Micron Technology, Inc. is a global provider of semiconductor devices. Through the Company’s global operations, it manufactures and markets a full range of Dynamic Random Access Memory (DRAM), NAND Flash and NOR Flash memory, in addition to other memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, automotive, industrial.

Activision Blizzard, Inc. (NASDAQ:ATVI)’s shares gained 1.00% to $37.36.

ATVI offered 65.90% EPS for prior five years. The company has 12.70% return on equity value while its ROI ratio was 9.00%. The company has $26.97 billion market capitalizations and the institutional ownership was 69.70%. Its price to book ratio was 3.48. Volatility of the stock was 5.99% for the week while for the month booked as 3.09%.

The mean estimate for the short term price target for Activision Blizzard, Inc.(NASDAQ:ATVI) stands at $40.90 according to 18 Analysts. The higher price target estimate for the stock has been calculated at $47.00 while the lower price target estimate is at $36.00.

Analysts mean recommendation for the stock is 1.80. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games.

At the end of Thursday’s trade, Gogo Inc (NASDAQ:GOGO)‘s shares surged 10.13% to $16.41.

GOGO has market value of $1.28 billion while its EPS was booked as $-1.13 in the last 12 months. The stock has 85.81 million shares outstanding while 68.30% shares of the company were owned by institutional investors. In the profitability analysis, the company has gross profit margin of -20.90% while net profit margin was 51.30%.

The mean estimate for the short term price target for Gogo Inc(NASDAQ:GOGO) stands at $21.33 according to 6 Analysts. The higher price target estimate for the stock has been calculated at $26.00 while the lower price target estimate is at $11.00.

Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Gogo Inc. is a holding company. The Company is an aero communications service provider. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA).

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