Etsy (ETSY) Shares are Down -4.62%

Etsy (ETSY) has risen sharply, recording gains of 33.4% in the past 4 weeks. However, the stock has corrected -4.62% 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 33.68% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.57% and the fifty day Moving Average is 19.03%. Etsy, Inc. is up 50.11% in the last three month period. Year-to-Date the stock performance stands at 62.47%.

Etsy (ETSY) stock is expected to deviate a maximum of $1.53 from the average target price of $13.44 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $12.


Etsy (NASDAQ:ETSY): On Fridays trading session , Opening price of the stock was $13.53 with an intraday high of $13.73. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.24. However, the stock managed to close at $13.42, a loss of 0.96% for the day. On the previous day, the stock had closed at $13.55. The total traded volume of the day was 2,005,520 shares.

Etsy, Inc. operates a marketplace where people connect, both online and offline, to make, sell and buy goods. The Company operates at the center of macroeconomic trends in online and mobile commerce, employment, consumption and manufacturing. Its sellers offer goods in online retail categories, including jewelry, stationery, clothing, home goods, craft supplies and vintage items. The Company supports a range of artists, makers, designers and collectors. The Companys community is made up of entrepreneurs who sell on its platform, consumers looking to buy goods in its marketplace, manufacturers who help its sellers grow their businesses and its employees who maintain its platform. The Company offers a range of services for its sellers, which include promoted listings, direct checkout and shipping labels. It also provides a range of tools for its buyers, including communication, search and discovery and mobile.

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