Zebra Technologies Corporation (ZBRA) Shares are Up 16.18%

Zebra Technologies Corporation (ZBRA) : Traders are bullish on Zebra Technologies Corporation (ZBRA) as it has outperformed the S&P 500 by a wide margin of 32.1% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 16.11%, 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 16.18% in the last 1 week, and is up 33.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 22.03% and the 50-Day Moving Average is 24.25%. Zebra Technologies Corporation (NASDAQ:ZBRA): stock turned positive on Friday. Though the stock opened at $64.66, the bulls momentum made the stock top out at $67 level for the day. The stock recorded a low of $64.2691 and closed the trading day at $66.72, in the green by 2.76%. The total traded volume for the day was 852,445. The stock had closed at $64.93 in the previous days trading.


The company Insiders own 2.5% of Zebra Technologies Corporation shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of 8.93%. Also, CLSA initiates coverage on Zebra Technologies Corporation (NASDAQ:ZBRA). The shares have now been rated Buy by the stock experts at the ratings house. The rating by the firm was issued on August 3, 2016.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Companys products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software. It operates through two segments: Enterprise, which consists of its mobile computing, data capture and WLAN products, and Legacy Zebra, which consists of barcode and card printing, location, and motion sensing and supplies products. It provides a platform, iFactr, which offers the migration path for Windows Mobile/CE.NET compact framework applications. In addition, it provides solutions in enterprise mobile space, including modernizing rugged deployments, as well as creating cross-platform applications.

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