NCR Corporation (NCR) has risen sharply, recording gains of 11.57% in the past 4 weeks. However, the stock has corrected -0.88% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 8.87% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
NCR Corporation (NYSE:NCR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.63 and $32.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.68, notching a gain of 0.96% for the day. The total traded volume was 736,495 . The stock had closed at $32.37 on the previous day.
The stock has recorded a 20-day Moving Average of 4.56% and the 50-Day Moving Average is 8.6%. NCR Corporation is up 16.63% in the last 3-month period. Year-to-Date the stock performance stands at 33.61%.
NCR Corporation (NCR) : 5 investment research analysts covering NCR Corporation (NCR) have an average price target of $33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $37 and the lowest target is $25 for the short term. Analysts expect the variance to be within $4.85 of the average price.
NCR Corporation (NCR) is a global technology company that provides products and services that enable businesses to connect, interact and transact with their customers. It operates in four business segments, which include Financial Services, Retail Solutions, Hospitality and Emerging Industries. NCR offers financial services, such as a line of ATM and payment processing hardware and software; cash management and video banking software and digital banking services, and related installation, maintenance and managed and professional services. NCR offers technology solutions to customers in the hospitality industry. The Company offers maintenance, as well as managed and professional services for third-party computer hardware provided to select manufacturers. The Company offers solutions to customers in the retail industry.