International Game Technology (IGT) Shares are Up 3.25%

International Game Technology (IGT) : Traders are bullish on International Game Technology (IGT) as it has outperformed the S&P 500 by a wide margin of 13.02% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.82%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.25% in the last 1 week, and is up 15.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

International Game Technology (NYSE:IGT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.59 and $21.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.58, notching a gain of 0.05% for the day. The total traded volume was 1,127,762 . The stock had closed at $21.57 on the previous day.

The stock has recorded a 20-day Moving Average of 6.37% and the 50-Day Moving Average is 11.22%. International Game Technology PLC is up 25.18% in the last 3-month period. Year-to-Date the stock performance stands at 36.29%.

International Game Technology (IGT) : The highest short term price target forecast on International Game Technology (IGT) is $26 and the lowest target price is $21. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $23.9 with a standard deviation of $2.3.


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