Western Digital Corporation (WDC) : During the past 4 weeks, traders have been relatively bearish on Western Digital Corporation (WDC), hence the stock is down -10.2% 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 -4.81% relative to the S&P 500. The 4-week change in the price of the stock is -7.96% and the stock has fallen -4.4% in the past 1 week.
Western Digital Corporation (NASDAQ:WDC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.33 and $44.33 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.42, notching a gain of 2.53% for the day. The total traded volume was 4,253,828 . The stock had closed at $44.30 on the previous day.
The stock has recorded a 20-day Moving Average of 9.7% and the 50-Day Moving Average is 5.3%. Western Digital Corporation is up 23.26% in the last 3-month period. Year-to-Date the stock performance stands at -22.7%.
Western Digital Corporation (WDC) : The consensus price target for Western Digital Corporation (WDC) is $61.56 for the short term with a standard deviation of $15.6. The most optimist securities analyst among the 16 who monitor the stock believes that the stock can reach $97, however, the pessimist price target for the company is $35.
Western Digital Corporation, is a data storage solutions company. The Company is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments and other organizations to create, manage, experience and preserve digital content. The Companys Technology product includes: Hard Disk Drives and Solid-State Drives. Hard Disk Drives, provide non-volatile data storage. Solid-State Drives, are semiconductor and non-volatile media. The Company offers solutions including: Enterprise Storage Solutions, Client Desktop and Notebook PCs, Branded Product Solutions, Consumer Electronics Solutions. The Companys products are marketed under the HGST, WD and G-Technology brand names.