Cray Inc (CRAY) has been under a strong bear grip, hence the stock is down -26.21% 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 4.3% in the past 1 week. The stock has risen by 3.61% in the past week indicating that the buyers are active at lower levels, but the stock is down -26.36% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.82% and the fifty day Moving Average is 15.92%. Cray Inc. has dropped 29.72% during the last three month period . Year-to-Date the stock performance stands at -28.38%.
Cray Inc (CRAY) : Currently there are 5 street experts covering Cray Inc (CRAY) stock. The most bullish and bearish price target for the stock is $49 and $34 respectively for the short term. The average price target of all the analysts comes to $40. The estimated standard deviation from the target is $6.04.
Cray Inc (NASDAQ:CRAY): On Fridays trading session , Opening price of the stock was $23.33 with an intraday high of $23.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.08. However, the stock managed to close at $23.24, a loss of 0.26% for the day. On the previous day, the stock had closed at $23.3. The total traded volume of the day was 486,813 shares.
Cray Inc. designs, develops, manufactures, markets and services the high-performance computing (HPC). The Company markets supercomputers and provides storage and analytics solutions. It also provides software, system maintenance and support services, and engineering services related to supercomputer systems. The Company operates through segments, which include Supercomputing, Storage and Data Management, Maintenance and Support and Engineering Services and Other. It provides three models of customer-focused solutions: integrated supercomputing and storage solutions with tuned software; commodity-based cluster supercomputing and storage solutions, and turn-key analytic solutions featuring industry standards and graph technologies. The Company offers its solutions by combining supercomputing, cluster, storage and analytics technology. Its customers include domestic and foreign Government, and Government-funded entities, academic institutions and commercial entities.