Yahoo! (YHOO) Shares are Up 1.75%

Yahoo! (YHOO) : Traders are bullish on Yahoo! (YHOO) as it has outperformed the S&P 500 by a wide margin of 3.61% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.21%, 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 1.75% in the last 1 week, and is up 1.51% 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 1.4% and the 50-Day Moving Average is 7.26%.The 200 Day SMA reached 21.87% Yahoo! Inc. is up 18.22% in the last 3-month period. Year-to-Date the stock performance stands at 31.3%.

Yahoo!

Yahoo! (YHOO) has been rated by 23 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $55 and the lowest price target forecast is $32. The average forecast of all the analysts is $42.54 and the expected standard deviation is $5.34.

For the current week, the company shares have a recommendation consensus of Buy. Yahoo! (NASDAQ:YHOO): stock was range-bound between the intraday low of $43.47 and the intraday high of $44.02 after having opened at $43.94 on Fridays session. The stock finally closed in the red at $43.94, a loss of -0.73%. The stock remained in the red for the whole trading day. The total traded volume was 19,093,930 shares. The stock failed to cross $44.02 in Fridays trading. The stocks closing price on Thursday was $43.99.

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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