LinkedIn Corporation (LNKD) has risen sharply, recording gains of 0.47% in the past 4 weeks. However, the stock has corrected -0.18% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.55% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 0.38%.The 200 Day SMA reached 16.23% LinkedIn Corporation is up 0.84% in the last 3-month period. Year-to-Date the stock performance stands at -14.52%.
LinkedIn Corporation (LNKD) : The highest level LinkedIn Corporation (LNKD) is projected to reach is $275 for the short term and the lowest estimate is at $130. The consolidated price target from 20 rating analysts who initiate coverage on the stock is $194.8 and the possibility the share price can swing is $31.11.
Company shares have received an average consensus rating of Hold for the current week LinkedIn Corporation (NYSE:LNKD): stock was range-bound between the intraday low of $192.29 and the intraday high of $192.55 after having opened at $192.44 on Fridays session. The stock finally closed in the red at $192.44, a loss of -0.10%. The stock remained in the red for the whole trading day. The total traded volume was 1,195,821 shares. The stock failed to cross $192.55 in Fridays trading. The stocks closing price on Thursday was $192.4.
LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Companys solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity, service to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access. The Company also provides other solutions, which provide members, enterprises and professional organizations with functionality and additional benefits.