Polycom (PLCM) : Traders are bullish on Polycom (PLCM) as it has outperformed the S&P 500 by a wide margin of 0.78% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.82%, 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 0.16% in the last 1 week, and is up 0.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.29% and the fifty day Moving Average is 3.14%. Polycom, Inc. is up 4.09% in the last three month period. Year-to-Date the stock performance stands at -1.03%.
Polycom (NASDAQ:PLCM): stock turned positive on Friday. Though the stock opened at $12.45, the bulls momentum made the stock top out at $12.47 level for the day. The stock recorded a low of $12.44 and closed the trading day at $12.46, in the green by 0.08%. The total traded volume for the day was 1,161,829. The stock had closed at $12.45 in the previous days trading.
Polycom, Inc. offers solutions for voice, video and content sharing. The Companys video, voice and content-management and content-sharing solutions include immersive telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration and cloud-delivered services. The Company operates in three geographic segments: Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC). The Company offers various products and solutions, which include UC Group Systems, UC Platform and UC Personal Devices. UC Group Systems includes immersive telepresence, group video and group voice systems. UC Platform includes universal collaboration servers, virtualization management (distributed media optimization), resource management, and recording and streaming and remote access technologies that constitute the RealPresence Platform. UC Personal Devices includes desktop video devices and desktop voice products.