EMC Corporation (EMC) has risen sharply, recording gains of 1.49% in the past 4 weeks. However, the stock has corrected -0.03% in the past 1 week, providing a good buying opportunity on dips. EMC Corporation (EMC) : Traders are bullish on EMC Corporation (EMC) 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 0.63%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.77% and the fifty day Moving Average is 2.57%. EMC Corporation is up 3.56% in the last three month period. Year-to-Date the stock performance stands at 12.72%.
EMC Corporation (EMC) : The consensus price target for EMC Corporation (EMC) is $29.47 for the short term with a standard deviation of $1.54. The most optimist securities analyst among the 15 who monitor the stock believes that the stock can reach $32, however, the pessimist price target for the company is $26.
EMC Corporation (NYSE:EMC): stock turned positive on Friday. Though the stock opened at $28.7, the bulls momentum made the stock top out at $28.75 level for the day. The stock recorded a low of $28.62 and closed the trading day at $28.7, in the green by 0.03%. The total traded volume for the day was 5,917,105. The stock had closed at $28.69 in the previous days trading.
EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.