Ingram Micro (IM) Shares are Up 0.2%

Ingram Micro (IM) : Traders are bullish on Ingram Micro (IM) as it has outperformed the S&P 500 by a wide margin of 1.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.86%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.2% in the last 1 week, and is up 1.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.8% and the fifty day Moving Average is 0.3%. Ingram Micro Inc. has dropped 0.06% during the last three month period . Year-to-Date the stock performance stands at 14.38%.

Ingram Micro (IM) : Average target price received by Ingram Micro (IM) is $35.5 with an expected standard deviation of $0.71. The most aggressive target on the stock is $36, whereas the most downbeat target is $35. 2 financial analysts are currently covering the stock.


Ingram Micro (NYSE:IM): stock turned positive on Friday. Though the stock opened at $34.78, the bulls momentum made the stock top out at $34.83 level for the day. The stock recorded a low of $34.605 and closed the trading day at $34.75, in the green by 0.03%. The total traded volume for the day was 515,602. The stock had closed at $34.74 in the previous days trading.

Ingram Micro Inc. (Ingram Micro) is an information technology (IT) supply chain management, mobile device lifecycle services and logistics solutions company. The Company distributes and markets technology products all over the world from the industrys computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers, software publishers, and other suppliers of computer peripherals, consumer electronics (CE), unified communication and collaboration, automatic identification and data capture (AIDC)/point-of-sale (POS), and physical security products. The Company has operations in 38 countries, spanning all global regions: North America, Europe, Asia-Pacific and Latin America. The Company also operates support centers in Argentina, Bulgaria, Costa Rica, India, Philippines and Puerto Rico.

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