Salesforce.com Inc (CRM) : During the past 4 weeks, traders have been relatively bearish on Salesforce.com Inc (CRM), hence the stock is down -3.45% 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 -1.75% relative to the S&P 500. The 4-week change in the price of the stock is -5.41% and the stock has fallen -1.23% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.36% and the 50-Day Moving Average is 7.5%.The 200 Day SMA reached 3.31% salesforce.com, inc. has dropped 8.96% during the last 3-month period . Year-to-Date the stock performance stands at -6.52%.
Salesforce.com Inc (CRM) has been rated by 30 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $110 and the lowest price target forecast is $80. The average forecast of all the analysts is $95.33 and the expected standard deviation is $7.06.
For the current week, the company shares have a recommendation consensus of Buy. Salesforce.com Inc (NYSE:CRM): stock was range-bound between the intraday low of $73.23 and the intraday high of $73.98 after having opened at $73.76 on Fridays session. The stock finally closed in the red at $73.76, a loss of -0.95%. The stock remained in the red for the whole trading day. The total traded volume was 7,317,431 shares. The stock failed to cross $73.98 in Fridays trading. The stocks closing price on Thursday was $73.99.
salesforce.com, inc. is a provider of enterprise cloud computing solutions that include apps and platform services, as well as professional services. The Company focuses on customer relationship management (CRM). The Company offers six core cloud services that include sales force automation, customer service and support, marketing automation, community management, analytics and a cloud platform for building custom applications. The Company offers consulting, deployment, training, implementation and integration services to its customers to facilitate the adoption of its cloud solutions. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices, on a subscription basis, primarily through its direct sales efforts and indirectly through partners.