Seagate Technology. (STX) : Traders are bullish on Seagate Technology. (STX) as it has outperformed the S&P 500 by a wide margin of 14.92% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.32%, 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 0.86% in the last 1 week, and is up 12.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.59% and the 50-Day Moving Average is 13.8%.The 200 Day SMA reached 24.86% Seagate Technology plc is up 56.76% in the last 3-month period. Year-to-Date the stock performance stands at 4.56%.
Seagate Technology. (STX) : Average target price received by Seagate Technology. (STX) is $34.13 with an expected standard deviation of $5.91. The most aggressive target on the stock is $50, whereas the most downbeat target is $27. 15 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Seagate Technology. (NASDAQ:STX): stock was range-bound between the intraday low of $36.11 and the intraday high of $37.32 after having opened at $37.32 on Fridays session. The stock finally closed in the red at $37.32, a loss of -0.14%. The stock remained in the red for the whole trading day. The total traded volume was 8,966,569 shares. The stock failed to cross $37.32 in Fridays trading. The stocks closing price on Thursday was $36.45.
Seagate Technology plc (Seagate) is a provider of electronic data storage products. The Companys products are hard disk drives (HDD). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers. The Companys products are designed for enterprise servers and storage systems for applications, client compute applications and client non-compute applications. The Companys product and solution portfolio for the enterprise data storage industry includes storage enclosures, integrated application platforms and high performance computing (HPC) data storage solutions. Its data storage services provide online backup, data protection and recovery solutions for small to medium-sized businesses. Its products include Enterprise Performance HDDs, Mobile HDDs and SSHDs, NAS HDDs, and Surveillance HDDs, among others.