Equinix (EQIX) Shares are Down -1.26%

Equinix (EQIX) : During the past 4 weeks, traders have been relatively bearish on Equinix (EQIX), hence the stock is down -0.19% 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 -1.78% relative to the S&P 500. The 4-week change in the price of the stock is -2.21% and the stock has fallen -1.26% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.27% and the 50-Day Moving Average is 3.43%.The 200 Day SMA reached 7.58% Equinix, Inc. has dropped 3.91% during the last 3-month period . Year-to-Date the stock performance stands at 20.31%.


Equinix (EQIX) : The highest short term price target forecast on Equinix (EQIX) is $457 and the lowest target price is $303. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $411.17 with a standard deviation of $40.02.

For the current week, the company shares have a recommendation consensus of Buy. Equinix (NASDAQ:EQIX): stock was range-bound between the intraday low of $356.38 and the intraday high of $361.5 after having opened at $359.82 on Fridays session. The stock finally closed in the red at $359.82, a loss of -0.99%. The stock remained in the red for the whole trading day. The total traded volume was 1,050,412 shares. The stock failed to cross $361.5 in Fridays trading. The stocks closing price on Thursday was $361.79.

Equinix, Inc. is a networking company. The Company provides data center offerings primarily consisting of colocation, interconnection solutions and managed IT infrastructure services. The Companys colocation offerings include Cabinets, Power and IBXflex. Cabinets allows customer for colocating networking, server and storage equipment. Power is an element of increasing importance in customers colocation decisions. IBXflex allows customers to deploy mission-critical operations personnel and equipment on-site at its IBX data centers. The Companys interconnection solutions enable scalable, reliable and cost-effective interconnection and traffic exchange between Equinix customers. The Company offers managed IT infrastructure services, such as Equinix Professional Services, which offers practical guidance and proven solutions to help customers optimize and future-proof the data center architectures.

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