Shutterfly (SFLY) Shares are Down -1.98%

Shutterfly (SFLY) : During the past 4 weeks, traders have been relatively bearish on Shutterfly (SFLY), hence the stock is down -2.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.95% relative to the S&P 500. The 4-week change in the price of the stock is -1.73% and the stock has fallen -1.98% in the past 1 week.

Shutterfly, Inc. is up 9.65% in the last 3-month period. Year-to-Date the stock performance stands at 12.21%. The stock has recorded a 20-day Moving Average of 2.51% and the 50-Day Moving Average is 1.62%.


Shutterfly (NASDAQ:SFLY): The stock opened at $50.06 on Friday but the bulls could not build on the opening and the stock topped out at $50.39 for the day. The stock traded down to $49.74 during the day, due to lack of any buying support eventually closed down at $50.00 with a loss of -0.89% for the day. The stock had closed at $50.45 on the previous day. The total traded volume was 210,540 shares.

Also, Major Brokerage house, Barclays maintains its ratings on Shutterfly (NASDAQ:SFLY). In the latest research report, Barclays raises the target price from $45 per share to $48 per share. According to the latest information available, the shares are now rated Equalweight by the analysts at the agency. The rating by the firm was issued on July 28, 2016.

Shutterfly, Inc. is a manufacturer and digital retailer of personalized photo-based products and services. The Companys segments include Consumer and Enterprise. Its products and services are offered through a family of lifestyle brands, including Shutterfly, Tiny Prints, Wedding Paper Divas, ThisLife, MyPublisher and BorrowLenses. The Company produces and sells bound photo books, greeting and stationery cards, personalized calendars, other photo-based merchandise and prints. It sells a range of photo-based merchandise, such as calendars, mugs, canvas prints, mouse pads, magnets and puzzles. The Consumer segment sells photo-based products, such as photo books, stationery and greeting cards, other photo-based merchandise, photo prints and also ships, as well as rents the BorrowLenses brand of products. The Enterprise segment is engaged in printing and shipping of direct marketing and other variable data print products and formats.

Comments (0)

Leave a Reply

Your email address will not be published.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