Time (TIME) Shares are Up 2.64%

Time (TIME) : Traders are bullish on Time (TIME) as it has outperformed the S&P 500 by a wide margin of 4.83% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.09%, 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 2.64% in the last 1 week, and is up 2.71% 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 2.88% and the 50-Day Moving Average is 2.03%.The 200 Day SMA reached 2.04% Time Inc. has dropped 11.43% during the last 3-month period . Year-to-Date the stock performance stands at -5.55%.


Time (TIME) : Average target price received by Time (TIME) is $17.33 with an expected standard deviation of $2.52. The most aggressive target on the stock is $20, whereas the most downbeat target is $15. 3 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy. Time (NYSE:TIME): The stock opened at $14.58 and touched an intraday high of $14.84 on Friday. During the day, the stock corrected to an intraday low of $14.54, however, the bulls stepped in and pushed the price higher to close in the green at $14.8 with a gain of 0.82% for the day. The total traded volume for the day was 1,219,131. The stock had closed at $14.8 in the previous trading session.

Time Inc. is a media company. The Companys brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as approximately 50 titles in the United Kingdom, such as Decanter and Horse & Hound. The Company is engaged in celebrated events and franchises, including the Fortune 500, Time 100, Peoples Sexiest Man Alive, Sports Illustrateds Sportsman of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. It also provides content marketing, targeted local print and digital advertising programs, book publishing and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services and customer service and fulfillment services, for the Company and third-party customers, including other magazine publishers.

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