Diebold Incorporated (DBD) has risen sharply, recording gains of 9.27% in the past 4 weeks. However, the stock has corrected -1.52% 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 6.62% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Diebold Incorporated (NYSE:DBD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.00 and $26.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.81, notching a gain of 4.08% for the day. The total traded volume was 1,128,340 . The stock had closed at $26.72 on the previous day.
The stock has recorded a 20-day Moving Average of 6.11% and the 50-Day Moving Average is 8.91%. Diebold, Incorporated is up 17.24% in the last 3-month period. Year-to-Date the stock performance stands at -4.28%.
Diebold Incorporated (DBD) : The most positive equity analysts on Diebold Incorporated (DBD) expects the shares to touch $40, whereas, the least positive believes that the stock will trade at $29 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $33.67 with an expected fluctuation of $5.69 from the mean.
Diebold, Incorporated provides financial self-service (FSS) delivery, integrated services and software, and security systems to the financial, commercial, retail and other markets. The Company operates through five segments: North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), Latin America (LA) and Brazil. The Company has two lines of business: FSS and Security Solutions, which the Company integrates based on its customers needs. Its FSS solutions include self-service support and managed services, self-service products and self-service software. The Companys Security Solutions include electronic security products, monitoring and services, and physical security and facility products. The Company supplies automated teller machines (ATMs) and related services across the world. It also provides design, installation, maintenance and monitoring of electronic security systems to financial, commercial, retail and other customers.