DigitalGlobe Inc (DGI) : Traders are bullish on DigitalGlobe Inc (DGI) as it has outperformed the S&P 500 by a wide margin of 18.92% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.83%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.26% in the last 1 week, and is up 21.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
DigitalGlobe Inc (NYSE:DGI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.24 and $27.16 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.30, notching a gain of 1.19% for the day. The total traded volume was 365,817 . The stock had closed at $26.98 on the previous day.
The stock has recorded a 20-day Moving Average of 14.14% and the 50-Day Moving Average is 23.55%. DigitalGlobe, Inc. is up 28.29% in the last 3-month period. Year-to-Date the stock performance stands at 74.33%.
DigitalGlobe Inc (DGI) : The highest level DigitalGlobe Inc (DGI) is projected to reach is $35 for the short term and the lowest estimate is at $24. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $28.5 and the possibility the share price can swing is $4.04.
DigitalGlobe, Inc. (DigitalGlobe) is a provider of geospatial information products and services. The Companys products and services support users in a variety of fields, including defense, intelligence and homeland security, mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management. The Company offers earth imagery products that include imagery from its constellation of high-resolution satellites, as well as satellite and aerial imagery acquired from a third party supplier. The Company processes its imagery to varying levels according to its customers specifications and delivers its products using the distribution method that suits its customers needs. DigitalGlobe sell its products and services through a combination of direct and indirect channels, consisting of a global network of resellers, strategic partners, direct enterprise sales and web.