Twitter (TWTR) has risen sharply, recording gains of 9.98% in the past 4 weeks. However, the stock has corrected -3.58% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.21% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.66% and the fifty day Moving Average is 2.75%. Twitter, Inc. is up 21.19% in the last three month period. Year-to-Date the stock performance stands at -20.92%.
Twitter (TWTR) : 23 Wall Street analysts covering Twitter (TWTR) believe that the average level the stock could reach for the short term is $16.97. The maximum price target given is $27 and the minimum target for short term is around $9, hence the standard deviation is calculated at $4.45.
Twitter (NYSE:TWTR): On Fridays trading session , Opening price of the stock was $18.4 with an intraday high of $18.53. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.1. However, the stock managed to close at $18.3, a loss of 0.11% for the day. On the previous day, the stock had closed at $18.32. The total traded volume of the day was 11,225,899 shares.
Twitter, Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products, which enable its advertisers to promote their brands, products and services, and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools, public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform, syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.