Endurance International Group Holdings (EIGI) Shares are Down -0.89%

Endurance International Group Holdings (EIGI) : During the past 4 weeks, traders have been relatively bearish on Endurance International Group Holdings (EIGI), hence the stock is down -12.03% 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 -0.86% relative to the S&P 500. The 4-week change in the price of the stock is -11.69% and the stock has fallen -0.89% in the past 1 week.

Endurance International Group Holdings, Inc. has dropped 13.17% during the last 3-month period . Year-to-Date the stock performance stands at -28.82%. The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 8.44%.


Endurance International Group Holdings (NASDAQ:EIGI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.64 and $7.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $7.78, notching a gain of 1.57% for the day. The total traded volume was 719,558 . The stock had closed at $7.66 on the previous day.

Also, In a research note released to the investors, Jefferies maintains its rating on Endurance International Group Holdings (NASDAQ:EIGI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $17 per share to $9.5 per share. The rating by the firm was issued on August 4, 2016.

Endurance International Group Holdings, Inc. (Endurance) is a provider of cloud-based platform solutions designed to help small and medium-sized businesses (SMBs) succeed online. Leveraging the Companys technology platform, it serves approximately 4.1 million subscribers across the globe with an integrated suite of over 150 products and services that help SMBs get online, get found and grow their businesses. The products and services available on its platform include domains, Website builders, Web hosting, email, security, storage, site backup, search engine optimization (SEO), and search engine marketing (SEM), social media services, Website analytics, mobile device tools and productivity and e-commerce solutions. It conducts operations in the United States, Brazil, India and the United Kingdom. It also has third-party contract support services assisting customers in China and Singapore.

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