Analyst Opinion about two Stocks: Micron Technology, Inc. (NASDAQ:MU), Symantec Corporation (NASDAQ:SYMC)

0 30

Micron Technology, Inc. (NASDAQ:MU) went higher by +4.67% to close at $ 13.23. The company exchanged total volume of 35.23 million shares throughout course of last trade however it holds an average trading capacity of 29.62 million shares. Shares of company began trading at $13.00 climbed to high of $13.45 touched the low of $12.98.

The company is trading above its 50-day moving averages of 12.54 and up from 200-day moving averages of 11.42. The firm has price to book ratio of 1.08 and its price to sale ratio was 1.03.

The average true range of Micron Technology, Inc.’s (MU) is recorded at 0.64 and the relative strength index of the stock stands 58.66. The stock price is going above to its 52 week low with 42.11% and lagging behind from its 52 week high with -35.68%. Analyst recommendation for this stock stands at 2.30. A look on the firm performance, its monthly performance is 8.98% and a quarterly performance of 30.09%. The stock price is trading upbeat from its 200 days moving average with 2.59% and up from 50 days moving average with 12.97%.

Symbolic IO™, the developer of the industry’s first computational-defined storage solution, IRIS™ (Intensified RAM Intelligent Server), recently reported that Rob Peglar, formerly Vice President, Advanced Storage at Micron Technology (MU), has joined the startup’s executive team as Senior Vice President and Chief Technology Officer (CTO).


“My vision when founding Symbolic IO was simple – create a new method to actually solve today’s challenges instead of incrementally building on an archaic and flawed approach.  When Rob approached us about joining the company, it reinforced the fact that some of the most respected thought leaders in this industry recognize the revolutionary nature of what Symbolic IO is about to bring to market.  Rob shares the belief that the industry has run its course on today’s compute and storage models and it’s time to reinvent the way we approach how compute, storage, and networking works,” stated Brian Ignomirello, Founder and CEO, Symbolic IO. “We are excited to have an executive like Rob being on the front lines to help further illustrate and educate consumers on how to solve real business challenges with IRIS™ technology.”

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “6” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 2” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.02” brokerage firms. “1” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Symantec Corporation (NASDAQ:SYMC) surged +1.06% and closed the trade at $ 21.02. The company recorded a trading capacity of 5.75 million shares below its three months average daily volume of 10.15 million shares. During the last trade, shares reached to high price of $21.02 and touched the low price of $20.76. The stock’s 50-day moving average is noted at $19.09 and its 200-day moving average is stands at $18.79.

Additionally, the company has a PE ratio of 5.67 and has EPS of 3.71. The company has market capitalization of $12.87B.

Symantec Corporation’s (SYMC) has price-to-cash ratio of 2.26 and price to sale ratio of 3.79. The company net profit margin is 69.10% and gross profit margin is 82.90%. A look on the firm performance, its monthly performance is 21.50% and a quarterly performance of 17.48%. The stock price is moving up from its 20 days moving average with 4.15% and isolated positively from 50 days moving average with 15.28%.

Brokerage Recommendations:

The stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as “Buy” from “12” brokerage firms and “1” brokerage firms say as “Strong Buy”. “0” brokerage firms have suggested “Sell” for the company. “1” brokerage firms have recommended as a “Hold”. Strong Sell rating was given by “2.65” brokerage firms.  The Company has average brokerage recommendation (ABR) of “0” based on consensus of the ZACKS brokerage firms.



About the author / 

Leave a reply

Your email address will not be published. Required fields are marked *

About Us

WSnews4investors is the influential source for financial news and Opinion Company with content which delivered over the Internet. WSnews4investors is a dynamic and innovative financial media outlet that empowers investors with high-quality, unique content that is coveted by Wall Street’s traders.