Limelight Networks (LLNW) : During the past 4 weeks, traders have been relatively bearish on Limelight Networks (LLNW), hence the stock is down -17.94% 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 -4.13% relative to the S&P 500. The 4-week change in the price of the stock is -19.6% and the stock has fallen -3.61% in the past 1 week.
The stock has recorded a 20-day Moving Average of 9.71% and the 50-Day Moving Average is 5.79%.The 200 Day SMA reached 3.54% Limelight Networks, Inc. is up 17.65% in the last 3-month period. Year-to-Date the stock performance stands at 9.59%.
Limelight Networks (LLNW) : The most positive equity analysts on Limelight Networks (LLNW) expects the shares to touch $4, whereas, the least positive believes that the stock will trade at $3 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $3.24 with an expected fluctuation of $0.6 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Limelight Networks (NASDAQ:LLNW): The stock opened at $1.58 and touched an intraday high of $1.63 on Friday. During the day, the stock corrected to an intraday low of $1.58, however, the bulls stepped in and pushed the price higher to close in the green at $1.6 with a gain of 1.91% for the day. The total traded volume for the day was 1,238,860. The stock had closed at $1.6 in the previous trading session.
Limelight Networks, Inc. (Limelight) operates a globally distributed, computing platform and provides a suite of integrated services. The Companys suite of integrated services include content delivery services, mobile delivery services, video content management services, performance services and cloud storage services. These four primary service groups work collectively to enable organizations to deliver digital content to a range of devices across the world and are collectively referred to as the Limelight Orchestrate Platform (the Orchestrate Platform). These services provide features, including video publishing, mobile enablement, content delivery, Website and Web application acceleration, transcoding and cloud storage. The Companys solutions include enterprise Web, media and broadcasters and gaming. It also offers professional services and other infrastructure services, such as transit and rack space services.