Thomson Reuters Corp (TRI) : During the past 4 weeks, traders have been relatively bearish on Thomson Reuters Corp (TRI), hence the stock is down -1.92% 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 -0.14% relative to the S&P 500. The stock has risen by 0.02% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.45% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.33% and the 50-Day Moving Average is 0.39%.The 200 Day SMA reached 5.13%
Thomson Reuters Corp (NYSE:TRI): After opening at $41.11, the stock dipped to an intraday low of $40.94 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $41.62 and the buying power remained strong till the end. The stock closed at $41.38 for the day, a gain of 1.17% for the day session. The total traded volume was 1,172,741. The stocks close on the previous trading day was $41.38.
Thomson Reuters Corp (TRI) : The consensus price target for Thomson Reuters Corp (TRI) is $41.95 for the short term with a standard deviation of $2.23. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $46, however, the pessimist price target for the company is $39.
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.