Seagate Technology. (STX) : Traders are bullish on Seagate Technology. (STX) as it has outperformed the S&P 500 by a wide margin of 4.28% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.77%, 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 3.09% in the last 1 week, and is up 4.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.6% and the fifty day Moving Average is 16.09%. Seagate Technology plc is up 53.88% in the last three month period. Year-to-Date the stock performance stands at -4.25%.
Seagate Technology. (STX) : 16 investment research analysts covering Seagate Technology. (STX) have an average price target of $32.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $45 and the lowest target is $27 for the short term. Analysts expect the variance to be within $5.09 of the average price.
Seagate Technology. (NASDAQ:STX): stock turned positive on Friday. Though the stock opened at $32.23, the bulls momentum made the stock top out at $33.48 level for the day. The stock recorded a low of $32.21 and closed the trading day at $33.33, in the green by 3.99%. The total traded volume for the day was 6,087,210. The stock had closed at $32.05 in the previous days trading.
Seagate Technology plc (Seagate) is a provider of electronic data storage products. The Companys products are hard disk drives (HDD). The Company produces a range of electronic data storage products, including solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers. The Companys products are designed for enterprise servers and storage systems for applications, client compute applications and client non-compute applications. The Companys product and solution portfolio for the enterprise data storage industry includes storage enclosures, integrated application platforms and high performance computing (HPC) data storage solutions. Its data storage services provide online backup, data protection and recovery solutions for small to medium-sized businesses. Its products include Enterprise Performance HDDs, Mobile HDDs and SSHDs, NAS HDDs, and Surveillance HDDs, among others.