Sony Corp Ord (SNE) has been under a strong bear grip, hence the stock is down -0.48% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.08% in the past 1 week. The stock has risen by 1.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.69% in the past 4 weeks.
For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a twenty day Moving Average of 1.08% and the fifty day Moving Average is 7.58%. Sony Corporation is up 18.42% in the last three month period. Year-to-Date the stock performance stands at 34.82%.
Sony Corp Ord (NYSE:SNE): On Fridays trading session , Opening price of the stock was $33.41 with an intraday high of $33.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $33.06. However, the stock managed to close at $33.18, a loss of 0.78% for the day. On the previous day, the stock had closed at $33.44. The total traded volume of the day was 984,444 shares.
Sony Corporation (Sony) is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. The Companys segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, Financial Services and All Other. Its manufacturing facilities are located in Asia, including Japan. Sony also utilizes third-party contract manufacturers for certain products. Sonys products are marketed throughout the world by sales subsidiaries and unaffiliated distributors, as well as direct sales through the Internet. Sony is engaged in the production, acquisition and distribution of motion pictures and television programming and the operation of television and digital networks. The Company also develops, produces and distributes recorded music.