Avnet (AVT) : During the past 4 weeks, traders have been relatively bearish on Avnet (AVT), hence the stock is down -3.57% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.62% relative to the S&P 500. The 4-week change in the price of the stock is -5.52% and the stock has fallen -2.1% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.52% and the 50-Day Moving Average is 3.75%.The 200 Day SMA reached 4.91% Avnet, Inc. has dropped 5.81% during the last 3-month period . Year-to-Date the stock performance stands at -7.34%.
Avnet (AVT) : Currently there are 5 street experts covering Avnet (AVT) stock. The most bullish and bearish price target for the stock is $47 and $42 respectively for the short term. The average price target of all the analysts comes to $44.2. The estimated standard deviation from the target is $2.59.
Company shares have received an average consensus rating of Hold for the current week Avnet (NYSE:AVT): stock was range-bound between the intraday low of $39.048 and the intraday high of $39.6 after having opened at $39.6 on Fridays session. The stock finally closed in the red at $39.6, a loss of -1.21%. The stock remained in the red for the whole trading day. The total traded volume was 1,266,732 shares. The stock failed to cross $39.6 in Fridays trading. The stocks closing price on Thursday was $39.21.
Avnet, Inc. distributes electronic components, enterprise computer and storage products, information technology solutions and services, and embedded subsystems. The Company operates in two segments: Electronics Marketing (EM) and Technology Solutions (TS). Both operating groups have operations in each of the three economic regions of the world: the Americas; Europe, the Middle East and Africa; and Asia/Pacific, consisting of Asia, Australia and New Zealand. The EM segment markets and sells semiconductors and interconnect, passive and electromechanical devices, and embedded products to a diverse customer base serving many end-markets. The TS segment focuses on the distribution of enterprise computing servers and systems, software, storage, services and complex solutions from the technology manufacturers. The TS segment also provides hard disk drives, microprocessor, motherboard and dynamic random-access memory module technologies to manufacturers of computers and system builders.