The beginning of the trading week was good for Twitter Inc. (NYSE:TWTR). The company opened at $31.15 before achieving a high of $31.6. While the opening price was good, the trade closed at $30.9 slightly lower than the opening value. Twitter was reported to be gaining in the past week too. The firm rose by 0.97% in the past week alone, and has gained 11.41% in the past four weeks. In fact, Twitter has outperformed at the S&P500 index too. The firm gained 0.07% in the past week along, and gained 7.3% in the past four weeks on this index.
Despite the strong performance at the stock market, the firm’s shares have dropped by -38.56% from the one year high price $53.49 which it recorded on the 8th of April 2015. The year to date stock performance is recorded at -13.16%. The firm’s 50 day moving average and 200 day moving average has been recorded at $27.69 and $34.94 respectively. The firm’s stocks have dropped by 13.01% in the past three months. The 52 week high and 52 week low price for the firm has been recorded at $53.49 and $21.01. The market capitalization for the firm is currently at $21067 Mn. At present the company insiders own 7.82% of the Twitter Inc shares. The net percentage change in the ownership is currently -2/64%. Analysts, having taken the current position of Twitter into account, have estimated the short term price target at $43.85 per share.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
Analysts have given a consensus buy recommendation to Micron Technology (NASDAQ: MU). The firm opened to $18.37 on Monday. The firm went on to receive a high of $19.22 before closing at $19.16. The firm gained by 3.57% or 0.66 points at the markets on Monday. The 28 analysts who have given it a buy rating have also set the one year price target for the firm at $26.06.
The 50 day moving average and 200 day moving average for the firm have been recorded at $16.72 and $21.44 respectively. The market capitalization recorded by the firm is $20.31 Bn and a P/E ratio of 7.76 has been achieved by the firm. On October 1st the firm had announced the quarterly earnings data. The EPS announced for the quarter was $0.37 which was $0.05 more than the estimated EPS of $0.32. The revenue generated by the firm was $3.6 Bn. In the same quarter in the past year, the firm earned EPS of $0.82.
Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.
