Neustar (NSR) has risen sharply, recording gains of 3.46% in the past 4 weeks. However, the stock has corrected -1.55% 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 0.95% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Neustar (NYSE:NSR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.50 and $24.42 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.80, notching a gain of 1.81% for the day. The total traded volume was 293,659 . The stock had closed at $24.36 on the previous day.
The stock has recorded a 20-day Moving Average of 1.6% and the 50-Day Moving Average is 3.53%. NeuStar, Inc. is up 7.5% in the last 3-month period. Year-to-Date the stock performance stands at 3.46%.
Neustar (NSR) : 3 investment research analysts covering Neustar (NSR) have an average price target of $29 for the near short term. The highest target price given by the Brokerage Firm to the stock is $30 and the lowest target is $27 for the short term. Analysts expect the variance to be within $1.73 of the average price.
NeuStar, Inc. is a provider of real-time information services and analytics. The Company serves marketing and security functions in the communications, financial services, media and advertising, retail and e-commerce, Internet and technology industries. Its services include marketing services, security services, data services and number portability administration center (NPAC) services. The Companys marketing services include customer intelligence, activation and media intelligence services. As part of security services, the Company directs and manages the flow of Internet traffic, resolves Internet queries and provides security protection against cyber-attacks. The Company also manages authoritative domain-name registries. The Companys NPAC services include the dynamic routing of calls and text messages among all competing communications service providers in the United States.