Equinix (EQIX) Shares are Up 0.13%

Equinix (EQIX) : During the past 4 weeks, traders have been relatively bearish on Equinix (EQIX), hence the stock is down -2.49% 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 -0.03% relative to the S&P 500. The stock has risen by 0.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.02% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 1.73%.The 200 Day SMA reached 7.08%

Equinix

Equinix (NASDAQ:EQIX): After opening at $360.3, the stock dipped to an intraday low of $357.32 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $363.48 and the buying power remained strong till the end. The stock closed at $360.25 for the day, a gain of 0.08% for the day session. The total traded volume was 611,349. The stocks close on the previous trading day was $360.25.

Equinix (EQIX) : Average target price received by Equinix (EQIX) is $411.17 with an expected standard deviation of $40.02. The most aggressive target on the stock is $457, whereas the most downbeat target is $303. 12 financial analysts are currently covering the stock.

Equinix, Inc. is a networking company. The Company provides data center offerings primarily consisting of colocation, interconnection solutions and managed IT infrastructure services. The Companys colocation offerings include Cabinets, Power and IBXflex. Cabinets allows customer for colocating networking, server and storage equipment. Power is an element of increasing importance in customers colocation decisions. IBXflex allows customers to deploy mission-critical operations personnel and equipment on-site at its IBX data centers. The Companys interconnection solutions enable scalable, reliable and cost-effective interconnection and traffic exchange between Equinix customers. The Company offers managed IT infrastructure services, such as Equinix Professional Services, which offers practical guidance and proven solutions to help customers optimize and future-proof the data center architectures.

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