AVG Technologies N.V. (AVG) Shares are Up 0.08%

AVG Technologies N.V. (AVG) has been under a strong bear grip, hence the stock is down -0.7% 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 0.03% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.08% in the last 1 week, and is up 0.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.09% and the 50-Day Moving Average is 12.02%. AVG Technologies N.V. (NYSE:AVG): The stock was completely flat for the day, closing at $24.76 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $24.76, the stock touched an intraday high of $24.80 and a low of $24.75. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $24.76. The total trading volume on Friday was 624,660.


Institutional Investors own 83.26% of AVG Technologies N.V. shares. Also, Equity Analysts at the JMP Securities downgrades the rating on AVG Technologies N.V. (NYSE:AVG). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Market Outperform. The rating by the firm was issued on August 1, 2016.

AVG Technologies N.V. (AVG) provides software and online services that deliver peace of mind to users by simplifying, optimizing and securing their Internet experiences. The Company is primarily engaged in the development and sale of online service solutions and Internet security software branded under the AVG name. The Company solutions encompassing software and online services include security, Personal Computer (PC) optimization, online privacy, cloud-based desktop management, mobile security, content filtering, remote monitoring and other products on various desktop and mobile operating systems. The Company product portfolio targets the consumer and Server Message Block (SMB) markets across multiple devices and operating systems and includes Internet security, PC performance optimization, online backup, identity protection, family safety, remote control, network auditing, monitoring and alerting software.

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