GoDaddy (GDDY) : Traders are bullish on GoDaddy (GDDY) as it has outperformed the S&P 500 by a wide margin of 5.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.22%, 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 3.77% in the last 1 week, and is up 3.77% 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 2.3% and the 50-Day Moving Average is 5.81%.The 200 Day SMA reached 6.86% GoDaddy Inc. is up 4.49% in the last 3-month period. Year-to-Date the stock performance stands at 3.9%.
GoDaddy (GDDY) : 8 Wall Street analysts covering GoDaddy (GDDY) believe that the average level the stock could reach for the short term is $36.56. The maximum price target given is $39 and the minimum target for short term is around $33, hence the standard deviation is calculated at $2.16.
For the current week, the company shares have a recommendation consensus of Buy. GoDaddy (NYSE:GDDY): The stock opened at $33.14 and touched an intraday high of $33.32 on Friday. During the day, the stock corrected to an intraday low of $32.71, however, the bulls stepped in and pushed the price higher to close in the green at $33.31 with a gain of 0.48% for the day. The total traded volume for the day was 1,460,167. The stock had closed at $33.31 in the previous trading session.
GoDaddy Inc. operates a Web domain marketplace, godaddy.com. The Company is a technology provider to small businesses, Web design professionals and individuals, delivering cloud-based products and outcome-driven, personalized Customer Care. The Company operates domain marketplace, where its customers can find that piece of digital real estate that matches their idea. The Company provides Website building, hosting and security tools to help customers construct and protect their online presence and tackle the changing technology landscape. It also provides applications that help them connect to its customers, manage and grow their businesses and get found online. It has designed and developed a set of cloud-based technology products that enable its customers to establish a digital presence, connect with their customers and manage their business operations. The Companys products include domain, hosting and presence, and business applications.