PerkinElmer (PKI) has been under a strong bear grip, hence the stock is down -1.59% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.54% in the past 1 week. The stock has risen by 1.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.58% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.04% and the 50-Day Moving Average is 2.37%.The 200 Day SMA reached 3.59% PerkinElmer Inc. is up 1.98% in the last 3-month period. Year-to-Date the stock performance stands at -0.06%.
PerkinElmer (PKI) : 10 investment research analysts covering PerkinElmer (PKI) have an average price target of $56.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $61 and the lowest target is $52 for the short term. Analysts expect the variance to be within $2.97 of the average price.
Company shares have received an average consensus rating of Hold for the current week PerkinElmer (NYSE:PKI): The stock opened at $53.25 and touched an intraday high of $53.655 on Friday. During the day, the stock corrected to an intraday low of $52.925, however, the bulls stepped in and pushed the price higher to close in the green at $53.32 with a gain of 0.30% for the day. The total traded volume for the day was 1,353,684. The stock had closed at $53.16 in the previous trading session.
PerkinElmer, Inc. is a provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. The Company operates its business in two segments: Human Health and Environmental Health. The Companys Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately, and to accelerate the discovery and development of new therapies. The Companys Environmental Health segment provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Company markets its products and services in more than 150 countries.