T-Mobile US (TMUS) has risen sharply, recording gains of 5.72% in the past 4 weeks. However, the stock has corrected -1.74% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.64% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.9% and the 50-Day Moving Average is 6.29%. T-Mobile US (NYSE:TMUS): stock turned positive on Friday. Though the stock opened at $46.61, the bulls momentum made the stock top out at $47.59 level for the day. The stock recorded a low of $46.61 and closed the trading day at $46.95, in the green by 0.26%. The total traded volume for the day was 1,703,990. The stock had closed at $46.83 in the previous days trading.
The company Insiders own 0.3% of T-Mobile US shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.98% . Institutional Investors own 34.42% of T-Mobile US shares. During last six month period, the net percent change held by insiders has seen a change of -13.42%. Also, Equity Analysts at the Brokerage Firm, BTIG Research, maintains their rating on the shares of T-Mobile US (NYSE:TMUS). BTIG Research has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $56 per share from a prior target of $50. The rating by the firm was issued on August 2, 2016.