Company Shares of VeriSign (NASDAQ:VRSN) Rally 0.3%

VeriSign (NASDAQ:VRSN) : During the past 4 weeks, traders have been relatively bearish on VeriSign (NASDAQ:VRSN), hence the stock is down -0.5% 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 -0.96% 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 0.3% in the last 1 week, and is up 1.11% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 33.62% from its 1 Year high price. On Dec 4, 2015, the shares registered one year high at $93.94 and the one year low was seen on Jul 13, 2015. The 50-Day Moving Average price is $84.67 and the 200 Day Moving Average price is recorded at $84.23.

The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 0.75%.


VeriSign (NASDAQ:VRSN): stock turned positive on Friday. Though the stock opened at $84.08, the bulls momentum made the stock top out at $85.83 level for the day. The stock recorded a low of $83.6043 and closed the trading day at $85.6, in the green by 2.64%. The total traded volume for the day was 1,320,098. The stock had closed at $83.4 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Verisign Inc/Ca, Tomlinson Timothy had sold 1,350 shares worth of $109,998 in a transaction dated February 17, 2016. In this transaction, 1,350 shares were sold at $81.48 per share.

VeriSign, Inc. is a global provider of domain name registry services and Internet security, enabling Internet navigation for domain names and providing protection for Websites and enterprises around the world (Registry Services). The Companys product suite also includes Network Intelligence and Availability (NIA) Services consisting of Distributed Denial of Service (DDoS) Protection Services, Verisign iDefense Security Intelligence Services (iDefense) and Managed Domain Name System (Managed DNS) Services. The Companys Registry Services provides the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, two of the Internets root servers, and operation of the root-zone maintainer functions for the core of the Internets Domain Name System (DNS). The Company has operations inside, as well as outside the United States.

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