Salesforce.com Inc (CRM) : The value of composite uptick trades was $25.68 million, whereas, the value of composite downtick trades was $27.84 million. The uptick to downtick ratio stood at 0.92 with a negative money flow of ($2.16) Million during Thursdays trading session. The block trades money flow was negative ($3.24 million). The transaction of the trades on downticks amounted to $3.24 million, which confirms investors selling on the strength of price. Salesforce.com Inc (CRM) gained 22 cents at $78.72, an increase of 0.28% over the previous days close.
Salesforce.com Inc (CRM) : The highest short term price target forecast on Salesforce.com Inc (CRM) is $110 and the lowest target price is $80. A total of 28 equity analysts are currently covering the company. The average price of all the analysts is $96.21 with a standard deviation of $5.98. The stock has recorded a 20-day Moving Average of 2.03% and the 50-Day Moving Average is 0.85%.
Salesforce.com Inc (NYSE:CRM): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $78.50 and $78.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $79.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $78.76, notching a gain of 0.33% for the day. The total traded volume was 3,085,866 . The stock had closed at $78.50 on the previous day.
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.