ARRIS Group (ARRS) has risen sharply, recording gains of 12.31% in the past 4 weeks. However, the stock has corrected -0.18% 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 9.58% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
ARRIS Group (NASDAQ:ARRS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.16 and $26.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.19, notching a gain of 0.97% for the day. The total traded volume was 1,358,972 . The stock had closed at $26.93 on the previous day.
The stock has recorded a 20-day Moving Average of 6.93% and the 50-Day Moving Average is 13.67%. ARRIS International plc is up 16.3% in the last 3-month period. Year-to-Date the stock performance stands at -11.06%.
ARRIS Group (ARRS) : Average target price received by ARRIS Group (ARRS) is $35.14 with an expected standard deviation of $2.73. The most aggressive target on the stock is $40, whereas the most downbeat target is $32. 7 financial analysts are currently covering the stock.