ARM Holdings plc (ARMH) Shares are Up 0.23%

ARM Holdings plc (ARMH) : Traders are bullish on ARM Holdings plc (ARMH) as it has outperformed the S&P 500 by a wide margin of 0.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.89%, 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 0.23% in the last 1 week, and is up 0.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.36% and the fifty day Moving Average is 16.33%. ARM Holdings plc is up 54.14% in the last three month period. Year-to-Date the stock performance stands at 47.65%.

ARM Holdings plc (ARMH) : Average target price received by ARM Holdings plc (ARMH) is $53.98 with an expected standard deviation of $11.88. The most aggressive target on the stock is $68, whereas the most downbeat target is $40. 5 financial analysts are currently covering the stock.


ARM Holdings plc (NASDAQ:ARMH): On Fridays trading session , Opening price of the stock was $66.81 with an intraday high of $67.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $66.02. However, the stock managed to close at $66.42, a loss of 0.46% for the day. On the previous day, the stock had closed at $66.73. The total traded volume of the day was 886,489 shares.

ARM Holdings plc (ARM) is a United Kingdom-based company engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools. The Companys offers products, such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products. The Companys product offering includes microprocessor Cores, physical IP, development tools and support and maintenance services. ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, market and sell microprocessors, application-specific integrated circuits (ASICs), application-specific standard processors (ASSPs) and microcontrollers (MCUs) based on ARMs technology to systems companies for incorporation into a variety of end products.

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