On a relative basis, the stock has outperformed the S&P 500 by 0.53% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.09% in the last 1 week, and is up 3.03% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
TiVo (NASDAQ:TIVO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.52 and $10.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.58. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.55, notching a gain of 0.19% for the day. The total traded volume was 616,283 . The stock had closed at $10.53 on the previous day.
The stock has recorded a 20-day Moving Average of 1.04% and the 50-Day Moving Average is 4.06%. TiVo Inc. is up 9.44% in the last 3-month period. Year-to-Date the stock performance stands at 22.25%.
TiVo (TIVO) : Currently there are 8 street experts covering TiVo (TIVO) stock. The most bullish and bearish price target for the stock is $18 and $8 respectively for the short term. The average price target of all the analysts comes to $11.92. The estimated standard deviation from the target is $2.94.
TiVo Inc. (TiVo) is a provider of television software services and cloud-based software-as-a-service solutions that enable viewers to consume content from a range of sources, across a variety of screens in and out of the home. The Company offers a whole-home solution that includes 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets. The Company generates revenues from four sources: Consumer Service, Television Service Providers (also referred to as MSOs or Pay TV Operators), Advertising and Research Services, and Licensing. TiVos technology for enabling the TiVo service includes the TiVo service client software platform, mobile apps, the TiVo service infrastructure and TiVo-enabled hardware designs. The Company distributes its software, technology and services through a range of consumer electronic applications and devices.