VeriSign (VRSN) has been under a strong bear grip, hence the stock is down -1.81% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.83% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.76% in the last 1 week, and is up 1.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.81% and the 50-Day Moving Average is 2.57%. VeriSign, Inc. is up 0.24% in the last 3-month period. Year-to-Date the stock performance stands at -0.86%.
VeriSign (NASDAQ:VRSN): stock turned positive on Friday. Though the stock opened at $83.45, the bulls momentum made the stock top out at $87.19 level for the day. The stock recorded a low of $83 and closed the trading day at $86.61, in the green by 2.80%. The total traded volume for the day was 1,755,253. The stock had closed at $84.25 in the previous days trading.
VeriSign, Inc. is a global provider of domain name registry services and Internet security, enabling Internet navigation for domain names and providing protection for Websites and enterprises around the world (Registry Services). The Companys product suite also includes Network Intelligence and Availability (NIA) Services consisting of Distributed Denial of Service (DDoS) Protection Services, Verisign iDefense Security Intelligence Services (iDefense) and Managed Domain Name System (Managed DNS) Services. The Companys Registry Services provides the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, two of the Internets root servers, and operation of the root-zone maintainer functions for the core of the Internets Domain Name System (DNS). The Company has operations inside, as well as outside the United States.