TiVo (NASDAQ:TIVO) : Traders are bullish on TiVo (NASDAQ:TIVO) as it has outperformed the S&P 500 by a wide margin of 2.62% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.02%, 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 3.33% in the last 1 week, and is up 4.28% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.57% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $10.60 and the one year low was seen on Mar 9, 2016. The 50-Day Moving Average price is $9.95 and the 200 Day Moving Average price is recorded at $8.91.
The stock has recorded a 20-day Moving Average of 2.83% and the 50-Day Moving Average is 3.64%.
TiVo (NASDAQ:TIVO): stock turned positive on Friday. Though the stock opened at $10.14, the bulls momentum made the stock top out at $10.265 level for the day. The stock recorded a low of $10.1 and closed the trading day at $10.24, in the green by 1.49%. The total traded volume for the day was 1,261,984. The stock had closed at $10.09 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Rogers Thomas S, director of Tivo Inc, had unloaded 319,600 shares at an average price of $10.17 in a transaction dated on June 21, 2016. The total value of the transaction was worth $3,250,332.
TiVo Inc. (TiVo) is a provider of television software services and cloud-based software-as-a-service solutions that enable viewers to consume content from a range of sources, across a variety of screens in and out of the home. The Company offers a whole-home solution that includes 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets. The Company generates revenues from four sources: Consumer Service, Television Service Providers (also referred to as MSOs or Pay TV Operators), Advertising and Research Services, and Licensing. TiVos technology for enabling the TiVo service includes the TiVo service client software platform, mobile apps, the TiVo service infrastructure and TiVo-enabled hardware designs. The Company distributes its software, technology and services through a range of consumer electronic applications and devices.