Company Shares of Silicon Graphics International Corp (NASDAQ:SGI) Rally 2.17%

Silicon Graphics International Corp (NASDAQ:SGI) has been under a strong bear grip, hence the stock is down -4.17% 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 0.87% in the past 1 week. The stock has risen by 2.17% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.63% in the past 4 weeks.

The company shares have dropped -6.49% from its 1 Year high price. On Jan 27, 2016, the shares registered one year high at $7.79 and the one year low was seen on Oct 2, 2015. The 50-Day Moving Average price is $5.16 and the 200 Day Moving Average price is recorded at $5.78.

The stock has recorded a 20-day Moving Average of 1.26% and the 50-Day Moving Average is 3.19%.


Silicon Graphics International Corp (NASDAQ:SGI): stock turned positive on Friday. Though the stock opened at $5.05, the bulls momentum made the stock top out at $5.25 level for the day. The stock recorded a low of $5.05 and closed the trading day at $5.19, in the green by 2.98%. The total traded volume for the day was 605,892. The stock had closed at $5.04 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Pileggi Jennifer, officer (SVP, General Counsel/Corp Sec) of Silicon Graphics International Corp, had unloaded 1,615 shares at an average price of $8.88 in a transaction dated on April 6, 2015. The total value of the transaction was worth $14,341.

Silicon Graphics International Corp. (SGI) is engaged in offering solutions for compute, data analytics and data management. The Company operates through segment, including Product and Service. The Product segment consists of its compute and storage solutions. The compute solutions include its scale-out computing, scale-up computing, software and cloud/Web solutions, and integrated third-party hardware and software products. Its storage solutions include both hardware and software offerings. The Service segment consists of customer service support and professional services. Its customer support organization provides ongoing maintenance and technical support for its products and some third-party products, as well as contracted maintenance services, hardware deployment services, time and materials-based services and spare parts. Its professional services organization provides value added services associated with technology consulting, project management and customer education.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.