Yahoo! (YHOO) Shares are Down -1.74%

Yahoo! (YHOO) has risen sharply, recording gains of 10.68% in the past 4 weeks. However, the stock has corrected -1.74% 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 10.92% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.44% and the fifty day Moving Average is 8.48%. Yahoo! Inc. is up 11.77% in the last three month period. Year-to-Date the stock performance stands at 27.09%.

Yahoo! (YHOO) : The most positive equity analysts on Yahoo! (YHOO) expects the shares to touch $53, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 23 Wall Street Brokerage Firms. The average price target for shares are $42.24 with an expected fluctuation of $4.77 from the mean.

Yahoo!

Yahoo! (NASDAQ:YHOO): stock turned positive on Friday. Though the stock opened at $42.15, the bulls momentum made the stock top out at $42.61 level for the day. The stock recorded a low of $41.94 and closed the trading day at $42.27, in the green by 0.57%. The total traded volume for the day was 6,327,991. The stock had closed at $42.03 in the previous days trading.

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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