Thomson Reuters Corp (TRI) : During the past 4 weeks, traders have been relatively bearish on Thomson Reuters Corp (TRI), hence the stock is down -4.51% 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 -0.66% relative to the S&P 500. The 4-week change in the price of the stock is -4.15% and the stock has fallen -0.69% in the past 1 week.
Thomson Reuters Corporation is up 1.67% in the last 3-month period. Year-to-Date the stock performance stands at 12.8%. The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 0.57%.
Thomson Reuters Corp (NYSE:TRI): The stock opened at $41.56 on Friday but the bulls could not build on the opening and the stock topped out at $41.73 for the day. The stock traded down to $41.29 during the day, due to lack of any buying support eventually closed down at $41.61 with a loss of -0.64% for the day. The stock had closed at $41.88 on the previous day. The total traded volume was 749,859 shares.
Also, Morgan Stanley maintains its view on Thomson Reuters Corp (NYSE:TRI) according to the research report released by the firm to its investors. The shares have now been rated Equal-weight by the stock experts at the ratings house. Morgan Stanley raises the price target from $42 per share to $43 per share on Thomson Reuters Corp. The rating by the firm was issued on August 1, 2016.
Thomson Reuters Corporation is a provider of intelligent information for businesses and professionals. The Company is organized into four business units: Financial & Risk, Legal, Tax & Accounting and Intellectual Property & Science. Financial & Risk business unit provides news, information and analytics, enabling transactions and bringing together financial communities. It also provides regulatory and operational risk management solutions. Legal business unit provides online and print information, decision tools, software and services that support legal, investigation, business and government professionals. Tax & Accounting business unit provides integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. Intellectual Property & Science business unit provides intellectual property and scientific information, decision support tools and services.