Cerner Corporation (CERN) has risen sharply, recording gains of 3.61% in the past 4 weeks. However, the stock has corrected -0.11% in the past 1 week, providing a good buying opportunity on dips. Cerner Corporation (CERN) : Traders are bullish on Cerner Corporation (CERN) as it has outperformed the S&P 500 by a wide margin of 3.82% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.55%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.07% and the fifty day Moving Average is 5.26%. Cerner Corporation is up 16.93% in the last three month period. Year-to-Date the stock performance stands at 7.43%.
Cerner Corporation (CERN) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $81 and the lowest price target forecast is $65. The average forecast of all the analysts is $71.17 and the expected standard deviation is $4.8.
Cerner Corporation (NASDAQ:CERN): stock turned positive on Friday. Though the stock opened at $64.33, the bulls momentum made the stock top out at $64.89 level for the day. The stock recorded a low of $64.11 and closed the trading day at $64.64, in the green by 0.26%. The total traded volume for the day was 1,275,996. The stock had closed at $64.47 in the previous days trading.
Cerner Corporation (Cerner) is a supplier of health care information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. The Company offers software, hardware, professional services and managed services. The Company operates in two segments: Domestic and Global. The Domestic segment includes the business activity in the United States. The Global segment includes the business activity in Aruba, Australia, Austria, Brazil, Canada, Cayman Islands, Chile, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Israel, Malaysia, Mexico, Netherlands, Qatar, Saudi Arabia, Singapore, Spain, Switzerland and the United Arab Emirates. Cerner solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform. Its solutions include HealtheRegistries, Cerner ITWorks, Cerner RevWorks, PowerWorks and CommunityWorks, among others.